← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 216 · 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. Diya adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One bag of popcorn costs ₹60 to make and Meera sells it for ₹66. What is the markup in percent?
  4. 4.One glass of chai costs ₹30 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹36 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹44 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹46 to make and Ananya sells it for ₹69. What is the markup in percent?
  8. 8.One paper bookmark costs ₹49 to make and Ananya sells it for ₹98. What is the markup in percent?
  9. 9.One friendship band costs ₹15 to make. Joseph adds a 20% 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 friendship band costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹52 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  13. 13.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
  14. 14.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  15. 15.One cupcake costs ₹28 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹40 to make and Arjun sells it for ₹50. What is the markup in percent?
  17. 17.One cup of lemonade costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  18. 18.One paper bookmark costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One painted pebble costs ₹34 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One bag of popcorn costs ₹40 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹20 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹50 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹12 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One cup of lemonade costs ₹23 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  27. 27.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  28. 28.One cup of lemonade costs ₹11 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  29. 29.One paper bookmark costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹36 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One glass of chai costs ₹24 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹42 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One cupcake costs ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹49 to make and Farhan sells it for ₹98. What is the markup in percent?
  35. 35.One jute bag costs ₹35 to make and Riya sells it for ₹42. What is the markup in percent?
  36. 36.One handmade card costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹40 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One paper bookmark costs ₹50 to make and Saanvi sells it for ₹60. What is the markup in percent?
  40. 40.One friendship band costs ₹35 to make and Meera sells it for ₹42. What is the markup in percent?

Answer key

  1. 44
  2. 12
  3. 10
  4. 36
  5. 72
  6. 55
  7. 50
  8. 100
  9. 3
  10. a loss
  11. 15
  12. 78
  13. 10 rupees
  14. what buyers will pay
  15. 42
  16. 25
  17. 20
  18. 11
  19. 68
  20. 44
  21. 4
  22. 60
  23. 15
  24. 46
  25. 1
  26. 10
  27. cost + a markup
  28. 100
  29. 10
  30. 9
  31. 24
  32. 84
  33. 5
  34. 100
  35. 20
  36. 55
  37. 6
  38. 8
  39. 20
  40. 20

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