← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 371 · 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 fruit cup costs ₹55 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹48 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One jute bag costs ₹19 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹50 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One friendship band costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One clay diya costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹40 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One potted plant costs ₹58 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  12. 12.One bag of popcorn costs ₹60 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹35 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One glass of chai costs ₹20 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹15 to make and Aarav sells it for ₹18. What is the markup in percent?
  16. 16.One paper bookmark costs ₹26 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  17. 17.One friendship band costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One paper bookmark costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  19. 19.One jute bag costs ₹30 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹30 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹18 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One friendship band costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One cup of lemonade costs ₹60 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One potted plant costs ₹16 to make and Kabir sells it for ₹20. What is the markup in percent?
  26. 26.One paper bookmark costs ₹20 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹32 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹50 to make and Lakshmi sells it for ₹55. What is the markup in percent?
  30. 30.One cupcake costs ₹36 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹15 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.One clay diya costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  34. 34.One jute bag costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹55 to make and Farhan sells it for ₹66. What is the markup in percent?
  36. 36.One cupcake costs ₹44 to make and Kavya sells it for ₹55. What is the markup in percent?
  37. 37.One potted plant costs ₹20 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹10 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 11
  2. 24
  3. 19
  4. 75
  5. 66
  6. 2
  7. 33
  8. 11
  9. 8
  10. 29
  11. cost + a markup
  12. 12
  13. 42
  14. 40
  15. 20
  16. 13
  17. 54
  18. 10
  19. 36
  20. 6
  21. 22
  22. 27
  23. 55
  24. 66
  25. 25
  26. 25
  27. 8
  28. 2
  29. 10
  30. 9
  31. 2
  32. 15
  33. 10
  34. 15
  35. 20
  36. 25
  37. 10
  38. 15
  39. 2
  40. 66

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