← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 243 · 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 clay diya costs ₹25 to make and Kabir sells it for ₹30. What is the markup in percent?
  2. 2.One potted plant costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One glass of chai costs ₹56 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹50 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One fruit cup costs ₹55 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) cost − a markup (d) copy a rival
  7. 7.One bag of popcorn costs ₹16 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One friendship band costs ₹42 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One cup of lemonade costs ₹60 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One jute bag costs ₹20 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One bag of popcorn costs ₹40 to make and Arjun sells it for ₹60. What is the markup in percent?
  12. 12.One potted plant costs ₹52 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One cupcake costs ₹20 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹40 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One jute bag costs ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹40 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹20 to make and Nisha sells it for ₹25. What is the markup in percent?
  18. 18.One paper bookmark costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹10 to make and Arjun sells it for ₹20. What is the markup in percent?
  20. 20.One glass of chai costs ₹28 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹44 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One potted plant costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  23. 23.One painted pebble costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One painted pebble costs ₹60 to make and Arjun sells it for ₹75. What is the markup in percent?
  25. 25.One jute bag costs ₹56 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹45 to make and Kabir sells it for ₹54. What is the markup in percent?
  27. 27.One fruit cup costs ₹12 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹30 to make and Farhan sells it for ₹36. What is the markup in percent?
  30. 30.One bag of popcorn costs ₹44 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One handmade card costs ₹60 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹46 to make and Ananya sells it for ₹69. What is the markup in percent?
  33. 33.One handmade card costs ₹60 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One friendship band costs ₹21 to make and Aarav sells it for ₹42. What is the markup in percent?
  35. 35.One painted pebble costs ₹12 to make and Joseph sells it for ₹15. What is the markup in percent?
  36. 36.One handmade card costs ₹52 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One paper bookmark costs ₹56 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  38. 38.🤔 Besides cost, what should a price think about? (a) the weather only (b) what buyers will pay (c) nothing else (d) your favourite number
  39. 39.One fruit cup costs ₹18 to make and Meera sells it for ₹36. What is the markup in percent?
  40. 40.One painted pebble costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 9
  3. 28
  4. 55
  5. 11
  6. cost + a markup
  7. 24
  8. 21
  9. 90
  10. 4
  11. 50
  12. 13
  13. 2
  14. 50
  15. 1
  16. 44
  17. 25
  18. 33
  19. 100
  20. 7
  21. 11
  22. 10
  23. 30
  24. 25
  25. 70
  26. 20
  27. 24
  28. 11
  29. 20
  30. 11
  31. 6
  32. 50
  33. 6
  34. 100
  35. 25
  36. 26
  37. 112
  38. what buyers will pay
  39. 100
  40. 22

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