← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 118 · 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 handmade card costs ₹19 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  3. 3.One cup of lemonade costs ₹16 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹32 to make and Gurpreet sells it for ₹40. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹40 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹15 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹50 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One painted pebble costs ₹36 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One cupcake costs ₹50 to make and Diya sells it for ₹75. What is the markup in percent?
  10. 10.One paper bookmark costs ₹12 to make and Nisha sells it for ₹24. What is the markup in percent?
  11. 11.One cup of lemonade costs ₹12 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  12. 12.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  13. 13.One painted pebble costs ₹54 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One bag of popcorn costs ₹22 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One clay diya costs ₹43 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹40 to make and Kabir sells it for ₹60. What is the markup in percent?
  17. 17.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  18. 18.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  19. 19.One jute bag costs ₹60 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹52 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹55 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  23. 23.One potted plant costs ₹42 to make and Kabir sells it for ₹63. What is the markup in percent?
  24. 24.One paper bookmark costs ₹50 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  26. 26.One paper bookmark costs ₹17 to make and Ishaan sells it for ₹34. What is the markup in percent?
  27. 27.One glass of chai costs ₹18 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  29. 29.One paper bookmark costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  30. 30.One cupcake costs ₹22 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹36 to make and Ishaan sells it for ₹45. What is the markup in percent?
  32. 32.One glass of chai costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹52 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One potted plant costs ₹20 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹56 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹24 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹50 to make. Dev adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 38
  2. 10
  3. 4
  4. 25
  5. 20
  6. 30
  7. 10
  8. 54
  9. 50
  10. 100
  11. 15
  12. a loss
  13. 27
  14. 33
  15. 86
  16. 50
  17. cost + a markup
  18. what buyers will pay
  19. 6
  20. 13
  21. 66
  22. 20
  23. 50
  24. 55
  25. 10
  26. 100
  27. 18
  28. 10 rupees
  29. 2
  30. 22
  31. 25
  32. 22
  33. 1
  34. 26
  35. 2
  36. 14
  37. 30
  38. 42
  39. 18
  40. 60

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