Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 401 · 40 questions

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.

1. 1.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a loss (d) a profit
2. 2.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
3. 3.One handmade card costs ₹40 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
4. 4.One potted plant costs ₹14 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
5. 5.One cup of lemonade costs ₹42 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
6. 6.One handmade card costs ₹43 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
7. 7.One cup of lemonade costs ₹25 to make and Ananya sells it for ₹30. What is the markup in percent?
8. 8.One clay diya costs ₹58 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
9. 9.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
10. 10.One friendship band costs ₹39 to make and Dev sells it for ₹78. What is the markup in percent?
11. 11.One cup of lemonade costs ₹26 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
13. 13.One painted pebble costs ₹12 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
14. 14.One cupcake costs ₹44 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
15. 15.One paper bookmark costs ₹45 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
16. 16.One cupcake costs ₹48 to make and Joseph sells it for ₹96. What is the markup in percent?
17. 17.One handmade card costs ₹16 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
18. 18.One fruit cup costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
19. 19.One friendship band costs ₹12 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
20. 20.One potted plant costs ₹60 to make and Lakshmi sells it for ₹66. What is the markup in percent?
21. 21.One potted plant costs ₹36 to make and Farhan sells it for ₹45. What is the markup in percent?
22. 22.One jute bag costs ₹30 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
23. 23.One painted pebble costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
24. 24.One jute bag costs ₹47 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
25. 25.One painted pebble costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
26. 26.One clay diya costs ₹10 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
27. 27.One fruit cup costs ₹20 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
28. 28.One jute bag costs ₹25 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
29. 29.One friendship band costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
30. 30.One potted plant costs ₹35 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
31. 31.One cup of lemonade costs ₹30 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
32. 32.One jute bag costs ₹16 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
33. 33.One jute bag costs ₹30 to make and Ananya sells it for ₹33. What is the markup in percent?
34. 34.One cupcake costs ₹10 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
35. 35.One fruit cup costs ₹56 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
36. 36.One bag of popcorn costs ₹44 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
37. 37.One jute bag costs ₹44 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
38. 38.One clay diya costs ₹19 to make and Arjun sells it for ₹38. What is the markup in percent?
39. 39.One painted pebble costs ₹52 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
40. 40.One fruit cup costs ₹40 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?

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