← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 115 · 40 questions
TalentJR

Business tip (Cost plus a fair markup): Markup (profit on one) = cost × percent ÷ 100. Selling price = cost + markup. Markup percent = (selling price − cost) × 100 ÷ cost. Check the price against what buyers will pay.

NameDateTime takenScore ___ / 40
  1. 1.One clay diya costs ₹10 to make and Tara sells it for ₹11. What is the markup in percent?
  2. 2.One jute bag costs ₹44 to make and Saanvi sells it for ₹66. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  4. 4.One potted plant costs ₹20 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  6. 6.One glass of chai costs ₹48 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One friendship band costs ₹40 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  10. 10.One cup of lemonade costs ₹20 to make and Rohan sells it for ₹25. What is the markup in percent?
  11. 11.One clay diya costs ₹30 to make and Nisha sells it for ₹36. What is the markup in percent?
  12. 12.One handmade card costs ₹58 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One bag of popcorn costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  14. 14.One glass of chai costs ₹22 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹41 to make and Dev sells it for ₹82. What is the markup in percent?
  16. 16.One friendship band costs ₹52 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One glass of chai costs ₹45 to make and Dev sells it for ₹90. What is the markup in percent?
  18. 18.One friendship band costs ₹17 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One jute bag costs ₹51 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹44 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹10 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One friendship band costs ₹16 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹10 to make and Gurpreet sells it for ₹20. What is the markup in percent?
  24. 24.One paper bookmark costs ₹30 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One handmade card costs ₹60 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹49 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹50 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One clay diya costs ₹23 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One potted plant costs ₹30 to make and Riya sells it for ₹33. What is the markup in percent?
  31. 31.One cupcake costs ₹37 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹50 to make and Ananya sells it for ₹60. What is the markup in percent?
  33. 33.One friendship band costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹29 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹34 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹50 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹13 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  39. 39.One cup of lemonade costs ₹36 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹40 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 50
  3. cost + a markup
  4. 4
  5. a loss
  6. 72
  7. 4
  8. 65
  9. what buyers will pay
  10. 25
  11. 20
  12. 29
  13. 10
  14. 33
  15. 100
  16. 13
  17. 100
  18. 17
  19. 102
  20. 44
  21. 1
  22. 20
  23. 100
  24. 36
  25. 66
  26. 98
  27. 5
  28. 46
  29. 44
  30. 10
  31. 74
  32. 20
  33. 48
  34. 58
  35. 34
  36. 10
  37. 13
  38. 10 rupees
  39. 9
  40. 44

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids