← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 139 · 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 cupcake costs ₹58 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹40 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) copy a rival (d) guess any price
  4. 4.One cup of lemonade costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹48 to make and Kavya sells it for ₹72. What is the markup in percent?
  6. 6.One jute bag costs ₹24 to make and Arjun sells it for ₹30. What is the markup in percent?
  7. 7.One friendship band costs ₹10 to make and Kavya sells it for ₹15. What is the markup in percent?
  8. 8.One handmade card costs ₹32 to make and Aarav sells it for ₹48. What is the markup in percent?
  9. 9.One handmade card costs ₹35 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One cupcake costs ₹18 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹12 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  13. 13.One cupcake costs ₹60 to make and Gurpreet sells it for ₹90. What is the markup in percent?
  14. 14.One cupcake costs ₹46 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹34 to make and Joseph sells it for ₹51. What is the markup in percent?
  18. 18.One cupcake costs ₹34 to make and Dev sells it for ₹51. What is the markup in percent?
  19. 19.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
  20. 20.One painted pebble costs ₹20 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One glass of chai costs ₹60 to make and Zoya sells it for ₹75. What is the markup in percent?
  23. 23.One fruit cup costs ₹60 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One cup of lemonade costs ₹33 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One bag of popcorn costs ₹12 to make and Gurpreet sells it for ₹15. What is the markup in percent?
  26. 26.One clay diya costs ₹20 to make and Nisha sells it for ₹24. What is the markup in percent?
  27. 27.One fruit cup costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One jute bag costs ₹20 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹44 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  31. 31.One potted plant costs ₹30 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹12 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One painted pebble costs ₹23 to make and Rohan sells it for ₹46. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹50 to make and Dev sells it for ₹55. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹16 to make and Nisha sells it for ₹20. What is the markup in percent?
  36. 36.One glass of chai costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One painted pebble costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹50 to make and Farhan sells it for ₹60. What is the markup in percent?
  40. 40.One glass of chai costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 116
  2. 50
  3. cost + a markup
  4. 11
  5. 50
  6. 25
  7. 50
  8. 50
  9. 7
  10. 36
  11. 3
  12. what buyers will pay
  13. 50
  14. 23
  15. 11
  16. 2
  17. 50
  18. 50
  19. a loss
  20. 25
  21. 1
  22. 25
  23. 66
  24. 33
  25. 25
  26. 20
  27. 6
  28. 2
  29. 11
  30. 10 rupees
  31. 33
  32. 3
  33. 100
  34. 10
  35. 25
  36. 44
  37. 11
  38. 11
  39. 20
  40. 22

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