← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 149 · 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 ₹12 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹40 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  4. 4.One jute bag costs ₹40 to make and Tara sells it for ₹60. What is the markup in percent?
  5. 5.One clay diya costs ₹10 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹16 to make and Vihaan sells it for ₹20. What is the markup in percent?
  7. 7.One painted pebble costs ₹44 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One handmade card costs ₹36 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One handmade card costs ₹20 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  11. 11.One glass of chai costs ₹60 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹10 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹24 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One cup of lemonade costs ₹44 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹24 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹26 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One paper bookmark costs ₹10 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹36 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One friendship band costs ₹40 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One potted plant costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  21. 21.One handmade card costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  23. 23.One painted pebble costs ₹14 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹35 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹52 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹40 to make and Ishaan sells it for ₹60. What is the markup in percent?
  30. 30.One paper bookmark costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One clay diya costs ₹37 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One painted pebble costs ₹24 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One fruit cup costs ₹54 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹54 to make and Meera sells it for ₹81. What is the markup in percent?
  35. 35.One clay diya costs ₹50 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹60 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹10 to make and Dev sells it for ₹15. What is the markup in percent?
  39. 39.One paper bookmark costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹50 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 15
  2. 8
  3. cost + a markup
  4. 50
  5. 12
  6. 25
  7. 11
  8. 18
  9. 22
  10. 10 rupees
  11. 15
  12. 1
  13. 30
  14. 55
  15. 24
  16. 13
  17. 1
  18. 45
  19. 8
  20. 10
  21. 6
  22. a loss
  23. 7
  24. 11
  25. 22
  26. 42
  27. 5
  28. 78
  29. 50
  30. 75
  31. 37
  32. 30
  33. 27
  34. 50
  35. 10
  36. 60
  37. 12
  38. 50
  39. 54
  40. 55

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