← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 350 · 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 bag of popcorn costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹40 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One paper bookmark costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  4. 4.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  6. 6.One clay diya costs ₹28 to make and Meera sells it for ₹42. What is the markup in percent?
  7. 7.One painted pebble costs ₹22 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹42 to make and Kabir sells it for ₹63. What is the markup in percent?
  9. 9.One friendship band costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost − a markup (d) cost + a markup
  11. 11.One handmade card costs ₹50 to make and Zoya sells it for ₹55. What is the markup in percent?
  12. 12.One friendship band costs ₹32 to make and Gurpreet sells it for ₹40. What is the markup in percent?
  13. 13.One clay diya costs ₹58 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹10 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹50 to make and Saanvi sells it for ₹100. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹16 to make and Aarav sells it for ₹20. What is the markup in percent?
  17. 17.One bag of popcorn costs ₹10 to make and Joseph sells it for ₹12. What is the markup in percent?
  18. 18.One painted pebble costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  19. 19.One handmade card costs ₹10 to make and Ananya sells it for ₹12. What is the markup in percent?
  20. 20.One jute bag costs ₹48 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One bag of popcorn costs ₹40 to make and Lakshmi sells it for ₹44. What is the markup in percent?
  23. 23.One handmade card costs ₹55 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹44 to make and Tara sells it for ₹66. What is the markup in percent?
  25. 25.One potted plant costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹46 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹11 to make and Rohan sells it for ₹22. What is the markup in percent?
  28. 28.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  29. 29.One cupcake costs ₹24 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹20 to make and Ananya sells it for ₹22. What is the markup in percent?
  31. 31.One cup of lemonade costs ₹38 to make and Ishaan sells it for ₹57. What is the markup in percent?
  32. 32.One jute bag costs ₹57 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹10 to make and Lakshmi sells it for ₹11. What is the markup in percent?
  34. 34.One cup of lemonade costs ₹60 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  35. 35.One friendship band costs ₹25 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹16 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹16 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹21 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One potted plant costs ₹52 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 66
  2. 48
  3. 55
  4. a loss
  5. 10 rupees
  6. 50
  7. 11
  8. 50
  9. 5
  10. cost + a markup
  11. 10
  12. 25
  13. 29
  14. 11
  15. 100
  16. 25
  17. 20
  18. 10
  19. 20
  20. 48
  21. 5
  22. 10
  23. 66
  24. 50
  25. 2
  26. 69
  27. 100
  28. what buyers will pay
  29. 12
  30. 10
  31. 50
  32. 114
  33. 10
  34. 6
  35. 30
  36. 24
  37. 20
  38. 21
  39. 5
  40. 78

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