← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 284 · 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 paper bookmark costs ₹60 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹22 to make and Ishaan sells it for ₹44. What is the markup in percent?
  3. 3.One clay diya costs ₹20 to make and Rohan sells it for ₹24. What is the markup in percent?
  4. 4.One potted plant costs ₹44 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹10 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One painted pebble costs ₹46 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹12 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  10. 10.One glass of chai costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹49 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One friendship band costs ₹20 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹50 to make and Ananya sells it for ₹60. What is the markup in percent?
  14. 14.One potted plant costs ₹20 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹60 to make and Ishaan sells it for ₹90. What is the markup in percent?
  16. 16.One painted pebble costs ₹26 to make and Saanvi sells it for ₹39. What is the markup in percent?
  17. 17.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  18. 18.One handmade card costs ₹50 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One glass of chai costs ₹12 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹36 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹16 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹48 to make and Zoya sells it for ₹72. What is the markup in percent?
  23. 23.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 50 rupees (d) 20 rupees
  24. 24.One jute bag costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  25. 25.One friendship band costs ₹55 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One bag of popcorn costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹20 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹50 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹51 to make and Meera sells it for ₹102. What is the markup in percent?
  30. 30.One potted plant costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One fruit cup costs ₹24 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One fruit cup costs ₹45 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One painted pebble costs ₹12 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹20 to make and Vihaan sells it for ₹25. What is the markup in percent?
  35. 35.One fruit cup costs ₹40 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹50 to make and Farhan sells it for ₹60. What is the markup in percent?
  37. 37.One bag of popcorn costs ₹60 to make and Aarav sells it for ₹66. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹26 to make and Dev sells it for ₹39. What is the markup in percent?
  39. 39.One potted plant costs ₹50 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One bag of popcorn costs ₹28 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 6
  2. 100
  3. 20
  4. 22
  5. 44
  6. 5
  7. 69
  8. 6
  9. what buyers will pay
  10. 66
  11. 98
  12. 22
  13. 20
  14. 30
  15. 50
  16. 50
  17. a loss
  18. 10
  19. 15
  20. 72
  21. 20
  22. 50
  23. 10 rupees
  24. 10
  25. 66
  26. 30
  27. 4
  28. 5
  29. 100
  30. 48
  31. 30
  32. 9
  33. 3
  34. 25
  35. 4
  36. 20
  37. 10
  38. 50
  39. 25
  40. 42

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