← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 156 · 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 cup of lemonade costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One cupcake costs ₹44 to make and Aarav sells it for ₹55. What is the markup in percent?
  3. 3.One clay diya costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One jute bag costs ₹52 to make and Nisha sells it for ₹78. What is the markup in percent?
  5. 5.One friendship band costs ₹60 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  7. 7.One bag of popcorn costs ₹16 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
  9. 9.One paper bookmark costs ₹15 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹56 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
  12. 12.One handmade card costs ₹46 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹60 to make and Zoya sells it for ₹66. What is the markup in percent?
  14. 14.One fruit cup costs ₹14 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One bag of popcorn costs ₹32 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹29 to make and Farhan sells it for ₹58. What is the markup in percent?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  18. 18.One glass of chai costs ₹40 to make and Riya sells it for ₹48. What is the markup in percent?
  19. 19.One potted plant costs ₹48 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One jute bag costs ₹35 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹59 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹40 to make and Diya sells it for ₹50. What is the markup in percent?
  23. 23.One fruit cup costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹29 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹26 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One fruit cup costs ₹34 to make and Diya sells it for ₹68. What is the markup in percent?
  27. 27.One fruit cup costs ₹14 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One jute bag costs ₹30 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹15 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One paper bookmark costs ₹30 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹13 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  34. 34.One potted plant costs ₹60 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹55 to make and Meera sells it for ₹66. What is the markup in percent?
  36. 36.One friendship band costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹49 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹23 to make and Aarav sells it for ₹46. What is the markup in percent?
  39. 39.One painted pebble costs ₹52 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One cupcake costs ₹12 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 3
  2. 25
  3. 25
  4. 50
  5. 120
  6. cost + a markup
  7. 24
  8. a loss
  9. 30
  10. 28
  11. what buyers will pay
  12. 23
  13. 10
  14. 14
  15. 8
  16. 100
  17. 10 rupees
  18. 20
  19. 60
  20. 42
  21. 118
  22. 25
  23. 10
  24. 58
  25. 39
  26. 100
  27. 14
  28. 3
  29. 3
  30. 55
  31. 15
  32. 26
  33. 10
  34. 12
  35. 20
  36. 22
  37. 49
  38. 100
  39. 78
  40. 15

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