← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 295 · 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 ₹28 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One paper bookmark costs ₹46 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  4. 4.One bag of popcorn costs ₹36 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  6. 6.One handmade card costs ₹53 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  7. 7.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  8. 8.One bag of popcorn costs ₹47 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  10. 10.One cup of lemonade costs ₹20 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹10 to make and Ishaan sells it for ₹11. What is the markup in percent?
  12. 12.One jute bag costs ₹26 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹10 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One bag of popcorn costs ₹48 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  16. 16.One cup of lemonade costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹45 to make and Vihaan sells it for ₹54. What is the markup in percent?
  19. 19.One glass of chai costs ₹43 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One potted plant costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹24 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One cup of lemonade costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  24. 24.One jute bag costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹36 to make and Arjun sells it for ₹45. What is the markup in percent?
  26. 26.One handmade card costs ₹40 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One potted plant costs ₹55 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹15 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹52 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹30 to make and Saanvi sells it for ₹36. What is the markup in percent?
  31. 31.One jute bag costs ₹25 to make and Saanvi sells it for ₹30. What is the markup in percent?
  32. 32.One glass of chai costs ₹36 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One cup of lemonade costs ₹57 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹56 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹60 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One fruit cup costs ₹50 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹56 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One friendship band costs ₹14 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹32 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹52 to make and Riya sells it for ₹65. What is the markup in percent?

Answer key

  1. 28
  2. 46
  3. a loss
  4. 45
  5. cost + a markup
  6. 106
  7. what buyers will pay
  8. 94
  9. 10 rupees
  10. 5
  11. 10
  12. 26
  13. 5
  14. 60
  15. 10
  16. 44
  17. 10
  18. 20
  19. 43
  20. 44
  21. 6
  22. 11
  23. 10
  24. 55
  25. 25
  26. 60
  27. 11
  28. 18
  29. 78
  30. 20
  31. 20
  32. 36
  33. 114
  34. 14
  35. 120
  36. 60
  37. 56
  38. 21
  39. 16
  40. 25

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