← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 176 · 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 ₹15 to make and Vihaan sells it for ₹18. What is the markup in percent?
  2. 2.One friendship band costs ₹46 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One clay diya costs ₹12 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  4. 4.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  5. 5.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  6. 6.One cupcake costs ₹35 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
  8. 8.One friendship band costs ₹45 to make and Joseph sells it for ₹54. What is the markup in percent?
  9. 9.One paper bookmark costs ₹34 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One handmade card costs ₹32 to make and Kabir sells it for ₹48. What is the markup in percent?
  11. 11.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  12. 12.One cup of lemonade costs ₹36 to make and Diya sells it for ₹72. What is the markup in percent?
  13. 13.One jute bag costs ₹55 to make and Kabir sells it for ₹66. What is the markup in percent?
  14. 14.One paper bookmark costs ₹16 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One paper bookmark costs ₹60 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹50 to make and Nisha sells it for ₹60. What is the markup in percent?
  17. 17.One cupcake costs ₹30 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹50 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One potted plant costs ₹48 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  23. 23.One cupcake costs ₹56 to make and Tara sells it for ₹70. What is the markup in percent?
  24. 24.One painted pebble costs ₹50 to make and Lakshmi sells it for ₹55. What is the markup in percent?
  25. 25.One glass of chai costs ₹10 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One fruit cup costs ₹20 to make and Lakshmi sells it for ₹25. What is the markup in percent?
  28. 28.One jute bag costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
  29. 29.One bag of popcorn costs ₹44 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  31. 31.One cupcake costs ₹43 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹40 to make and Nisha sells it for ₹80. What is the markup in percent?
  33. 33.One glass of chai costs ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹60 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One cupcake costs ₹60 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One fruit cup costs ₹34 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹14 to make and Vihaan sells it for ₹21. What is the markup in percent?
  39. 39.One handmade card costs ₹13 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹16 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 69
  3. 3
  4. a loss
  5. what buyers will pay
  6. 70
  7. 25
  8. 20
  9. 17
  10. 50
  11. cost + a markup
  12. 100
  13. 20
  14. 4
  15. 12
  16. 20
  17. 36
  18. 10
  19. 66
  20. 55
  21. 60
  22. 10
  23. 25
  24. 10
  25. 1
  26. 3
  27. 25
  28. 20
  29. 44
  30. 10 rupees
  31. 43
  32. 100
  33. 3
  34. 12
  35. 9
  36. 72
  37. 17
  38. 50
  39. 13
  40. 20

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