← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 207 · 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 painted pebble costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One paper bookmark costs ₹18 to make and Nisha sells it for ₹36. What is the markup in percent?
  4. 4.One potted plant costs ₹43 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One handmade card costs ₹60 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One glass of chai costs ₹10 to make and Dev sells it for ₹12. What is the markup in percent?
  7. 7.One cup of lemonade costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  8. 8.One jute bag costs ₹50 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  11. 11.One cup of lemonade costs ₹15 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  12. 12.One fruit cup costs ₹60 to make and Tara sells it for ₹72. What is the markup in percent?
  13. 13.One jute bag costs ₹40 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One clay diya costs ₹30 to make and Arjun sells it for ₹33. What is the markup in percent?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  16. 16.One cup of lemonade costs ₹50 to make and Tara sells it for ₹60. What is the markup in percent?
  17. 17.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  18. 18.One jute bag costs ₹56 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹60 to make and Vihaan sells it for ₹120. What is the markup in percent?
  20. 20.One painted pebble costs ₹32 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  21. 21.One cupcake costs ₹28 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹41 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹27 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One fruit cup costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹15 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  26. 26.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  27. 27.One bag of popcorn costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  28. 28.One cup of lemonade costs ₹40 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹14 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One cup of lemonade costs ₹30 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One glass of chai costs ₹60 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One handmade card costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹24 to make and Ananya sells it for ₹30. What is the markup in percent?
  34. 34.One friendship band costs ₹20 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One potted plant costs ₹58 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One friendship band costs ₹22 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹48 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹45 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One painted pebble costs ₹56 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One fruit cup costs ₹40 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 30
  2. 55
  3. 100
  4. 43
  5. 90
  6. 20
  7. 1
  8. 10
  9. 2
  10. a loss
  11. 3
  12. 20
  13. 40
  14. 10
  15. 10 rupees
  16. 20
  17. cost + a markup
  18. 70
  19. 100
  20. 16
  21. 56
  22. 41
  23. 54
  24. 11
  25. 18
  26. what buyers will pay
  27. 10
  28. 4
  29. 14
  30. 33
  31. 6
  32. 48
  33. 25
  34. 30
  35. 87
  36. 11
  37. 12
  38. 54
  39. 70
  40. 48

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