← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 177 · 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 glass of chai costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  2. 2.One clay diya costs ₹10 to make and Meera sells it for ₹11. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  4. 4.One fruit cup costs ₹46 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One potted plant costs ₹20 to make and Lakshmi sells it for ₹24. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹28 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
  8. 8.One bag of popcorn costs ₹13 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One cup of lemonade costs ₹32 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One handmade card costs ₹44 to make and Arjun sells it for ₹55. What is the markup in percent?
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
  12. 12.One cup of lemonade costs ₹60 to make and Saanvi sells it for ₹66. What is the markup in percent?
  13. 13.One paper bookmark costs ₹56 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹52 to make and Kabir sells it for ₹78. What is the markup in percent?
  15. 15.One jute bag costs ₹10 to make and Diya sells it for ₹12. What is the markup in percent?
  16. 16.One jute bag costs ₹55 to make and Zoya sells it for ₹66. What is the markup in percent?
  17. 17.One bag of popcorn costs ₹16 to make and Lakshmi sells it for ₹24. What is the markup in percent?
  18. 18.One cupcake costs ₹14 to make and Kabir sells it for ₹21. What is the markup in percent?
  19. 19.One paper bookmark costs ₹14 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One cupcake costs ₹30 to make and Nisha sells it for ₹33. What is the markup in percent?
  21. 21.One glass of chai costs ₹18 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One friendship band costs ₹52 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One bag of popcorn costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One friendship band costs ₹40 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One friendship band costs ₹48 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹18 to make and Riya sells it for ₹27. What is the markup in percent?
  28. 28.One potted plant costs ₹40 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One potted plant costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹54 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹30 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One painted pebble costs ₹25 to make and Zoya sells it for ₹30. What is the markup in percent?
  33. 33.One cup of lemonade costs ₹20 to make and Meera sells it for ₹22. What is the markup in percent?
  34. 34.One painted pebble costs ₹48 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹34 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹23 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹30 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One fruit cup costs ₹56 to make and Kabir sells it for ₹70. What is the markup in percent?
  40. 40.One paper bookmark costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?

Answer key

  1. 10
  2. 10
  3. cost + a markup
  4. 23
  5. 20
  6. 7
  7. what buyers will pay
  8. 13
  9. 8
  10. 25
  11. 10 rupees
  12. 10
  13. 14
  14. 50
  15. 20
  16. 20
  17. 50
  18. 50
  19. 28
  20. 10
  21. 9
  22. 78
  23. 4
  24. 44
  25. 12
  26. 4
  27. 50
  28. 4
  29. 22
  30. 54
  31. 30
  32. 20
  33. 10
  34. 12
  35. 10
  36. 68
  37. 46
  38. 33
  39. 25
  40. 10

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