← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 202 · 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 ₹20 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One glass of chai costs ₹36 to make and Dev sells it for ₹45. What is the markup in percent?
  3. 3.One glass of chai costs ₹59 to make and Aarav sells it for ₹118. What is the markup in percent?
  4. 4.One glass of chai costs ₹46 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹20 to make and Tara sells it for ₹24. What is the markup in percent?
  6. 6.One bag of popcorn costs ₹20 to make and Arjun sells it for ₹25. What is the markup in percent?
  7. 7.One cupcake costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One painted pebble costs ₹46 to make and Joseph sells it for ₹69. What is the markup in percent?
  9. 9.One painted pebble costs ₹35 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  11. 11.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  12. 12.One glass of chai costs ₹55 to make and Diya sells it for ₹66. What is the markup in percent?
  13. 13.One cup of lemonade costs ₹28 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One clay diya costs ₹24 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  16. 16.One cup of lemonade costs ₹16 to make and Aarav sells it for ₹24. What is the markup in percent?
  17. 17.One glass of chai costs ₹26 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹50 to make and Meera sells it for ₹75. What is the markup in percent?
  19. 19.One cup of lemonade costs ₹42 to make and Saanvi sells it for ₹63. What is the markup in percent?
  20. 20.One friendship band costs ₹12 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One fruit cup costs ₹10 to make and Arjun sells it for ₹11. What is the markup in percent?
  22. 22.One friendship band costs ₹30 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹32 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹40 to make and Ananya sells it for ₹60. What is the markup in percent?
  25. 25.One handmade card costs ₹40 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One fruit cup costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  29. 29.One bag of popcorn costs ₹12 to make and Ishaan sells it for ₹15. What is the markup in percent?
  30. 30.One jute bag costs ₹56 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One painted pebble costs ₹35 to make and Vihaan sells it for ₹42. What is the markup in percent?
  32. 32.One cupcake costs ₹30 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹40 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One potted plant costs ₹16 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One friendship band costs ₹60 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One bag of popcorn costs ₹55 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  37. 37.One paper bookmark costs ₹34 to make and Gurpreet sells it for ₹68. What is the markup in percent?
  38. 38.One friendship band costs ₹13 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹48 to make and Farhan sells it for ₹60. What is the markup in percent?
  40. 40.One potted plant costs ₹25 to make and Dev sells it for ₹30. What is the markup in percent?

Answer key

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

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