Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 411 · 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.One paper bookmark costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
2. 2.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
3. 3.One handmade card costs ₹20 to make and Arjun sells it for ₹22. What is the markup in percent?
4. 4.One clay diya costs ₹40 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
5. 5.One paper bookmark costs ₹20 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
6. 6.One potted plant costs ₹28 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
7. 7.One painted pebble costs ₹37 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
8. 8.One clay diya costs ₹42 to make and Saanvi sells it for ₹84. What is the markup in percent?
9. 9.One handmade card costs ₹48 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
10. 10.One cup of lemonade costs ₹42 to make and Ananya sells it for ₹63. What is the markup in percent?
11. 11.One fruit cup costs ₹15 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
12. 12.📉 A price below the cost leads to… (a) a loss (b) break-even (c) a profit (d) free stock
13. 13.One friendship band costs ₹35 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
14. 14.One glass of chai costs ₹17 to make and Diya sells it for ₹34. What is the markup in percent?
15. 15.One cupcake costs ₹15 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 5 rupees (d) 10 rupees
17. 17.One paper bookmark costs ₹56 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
18. 18.One cupcake costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
19. 19.One fruit cup costs ₹52 to make and Saanvi sells it for ₹65. What is the markup in percent?
20. 20.One friendship band costs ₹10 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
21. 21.One friendship band costs ₹32 to make and Zoya sells it for ₹40. What is the markup in percent?
22. 22.One friendship band costs ₹20 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
23. 23.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
24. 24.One cup of lemonade costs ₹19 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
25. 25.One jute bag costs ₹30 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
26. 26.One cup of lemonade costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
27. 27.One handmade card costs ₹16 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
28. 28.One painted pebble costs ₹16 to make and Rohan sells it for ₹20. What is the markup in percent?
29. 29.One jute bag costs ₹31 to make and Joseph sells it for ₹62. What is the markup in percent?
30. 30.One clay diya costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
31. 31.One cupcake costs ₹36 to make and Gurpreet sells it for ₹54. What is the markup in percent?
32. 32.One friendship band costs ₹20 to make and Meera sells it for ₹22. What is the markup in percent?
33. 33.One clay diya costs ₹20 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
34. 34.One handmade card costs ₹50 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
35. 35.One friendship band costs ₹16 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
36. 36.One bag of popcorn costs ₹39 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
37. 37.One cup of lemonade costs ₹39 to make and Joseph sells it for ₹78. What is the markup in percent?
38. 38.One friendship band costs ₹20 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
39. 39.One cup of lemonade costs ₹19 to make and Vihaan sells it for ₹38. What is the markup in percent?
40. 40.One cup of lemonade costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?

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