← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 311 · 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 friendship band costs ₹14 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One clay diya costs ₹50 to make and Ishaan sells it for ₹55. What is the markup in percent?
  3. 3.One friendship band costs ₹32 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹60 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹32 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One potted plant costs ₹28 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One fruit cup costs ₹10 to make and Dev sells it for ₹11. What is the markup in percent?
  8. 8.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  9. 9.One cup of lemonade costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One fruit cup costs ₹25 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.One potted plant costs ₹28 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹18 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One glass of chai costs ₹11 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹38 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹28 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹48 to make and Riya sells it for ₹60. What is the markup in percent?
  18. 18.One cupcake costs ₹18 to make and Aarav sells it for ₹36. What is the markup in percent?
  19. 19.One clay diya costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One friendship band costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  21. 21.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  22. 22.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  23. 23.One potted plant costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹60 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One jute bag costs ₹33 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  26. 26.One bag of popcorn costs ₹10 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹20 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹55 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  29. 29.One cupcake costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One cupcake costs ₹10 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹10 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One jute bag costs ₹60 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One potted plant costs ₹45 to make and Farhan sells it for ₹54. What is the markup in percent?
  34. 34.One jute bag costs ₹28 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹15 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹32 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹50 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹56 to make and Vihaan sells it for ₹112. What is the markup in percent?
  39. 39.One clay diya costs ₹42 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹60 to make and Joseph sells it for ₹72. What is the markup in percent?

Answer key

  1. 7
  2. 10
  3. 16
  4. 15
  5. 40
  6. 7
  7. 10
  8. cost + a markup
  9. 2
  10. 25
  11. 14
  12. 27
  13. 11
  14. 11
  15. 57
  16. 14
  17. 25
  18. 100
  19. 11
  20. 33
  21. what buyers will pay
  22. 10 rupees
  23. 44
  24. 66
  25. 100
  26. 11
  27. 40
  28. 20
  29. 42
  30. 1
  31. 11
  32. 60
  33. 20
  34. 35
  35. 3
  36. 40
  37. 75
  38. 100
  39. 21
  40. 20

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