← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 317 · 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 handmade card costs ₹15 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  3. 3.One painted pebble costs ₹24 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One friendship band costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹36 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  7. 7.One jute bag costs ₹10 to make and Ishaan sells it for ₹11. What is the markup in percent?
  8. 8.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
  9. 9.One painted pebble costs ₹11 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  10. 10.One friendship band costs ₹12 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.One paper bookmark costs ₹22 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  13. 13.One glass of chai costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  14. 14.One paper bookmark costs ₹15 to make and Meera sells it for ₹18. What is the markup in percent?
  15. 15.One painted pebble costs ₹58 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹39 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One fruit cup costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  18. 18.One paper bookmark costs ₹56 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹52 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹10 to make and Meera sells it for ₹20. What is the markup in percent?
  21. 21.One painted pebble costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹35 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹26 to make and Vihaan sells it for ₹39. What is the markup in percent?
  24. 24.One cup of lemonade costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹44 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹27 to make and Zoya sells it for ₹54. What is the markup in percent?
  27. 27.One paper bookmark costs ₹50 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹40 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  30. 30.One clay diya costs ₹60 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹38 to make and Dev sells it for ₹57. What is the markup in percent?
  32. 32.One glass of chai costs ₹48 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹14 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹18 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One cup of lemonade costs ₹20 to make and Aarav sells it for ₹25. What is the markup in percent?
  36. 36.One handmade card costs ₹14 to make and Diya sells it for ₹21. What is the markup in percent?
  37. 37.One friendship band costs ₹38 to make and Kavya sells it for ₹76. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹48 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹50 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹28 to make and Ishaan sells it for ₹35. What is the markup in percent?

Answer key

  1. 18
  2. what buyers will pay
  3. 48
  4. 1
  5. 54
  6. 10 rupees
  7. 10
  8. a loss
  9. 100
  10. 6
  11. 22
  12. cost + a markup
  13. 10
  14. 20
  15. 58
  16. 78
  17. 10
  18. 14
  19. 13
  20. 100
  21. 20
  22. 35
  23. 50
  24. 66
  25. 88
  26. 100
  27. 55
  28. 10
  29. 20
  30. 12
  31. 50
  32. 72
  33. 7
  34. 27
  35. 25
  36. 50
  37. 100
  38. 60
  39. 55
  40. 25

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