← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 445 · 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 clay diya costs ₹60 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  3. 3.One handmade card costs ₹12 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  4. 4.One cupcake costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  6. 6.One painted pebble costs ₹38 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹14 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹48 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One potted plant costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One paper bookmark costs ₹20 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  12. 12.One paper bookmark costs ₹46 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹24 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹60 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹10 to make. Lakshmi adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹10 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹52 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One jute bag costs ₹51 to make and Vihaan sells it for ₹102. What is the markup in percent?
  19. 19.One potted plant costs ₹43 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹16 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹54 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One glass of chai costs ₹36 to make and Vihaan sells it for ₹54. What is the markup in percent?
  23. 23.One fruit cup costs ₹36 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹45 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One clay diya costs ₹40 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One clay diya costs ₹12 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹38 to make and Gurpreet sells it for ₹76. What is the markup in percent?
  29. 29.One handmade card costs ₹58 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One handmade card costs ₹50 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One jute bag costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  32. 32.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  33. 33.One jute bag costs ₹52 to make and Riya sells it for ₹65. What is the markup in percent?
  34. 34.One painted pebble costs ₹40 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹52 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One glass of chai costs ₹15 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹58 to make and Riya sells it for ₹87. What is the markup in percent?
  38. 38.One potted plant costs ₹36 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹60 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹20 to make and Diya sells it for ₹30. What is the markup in percent?

Answer key

  1. 72
  2. a loss
  3. 18
  4. 18
  5. 10 rupees
  6. 38
  7. 28
  8. 24
  9. 15
  10. 25
  11. cost + a markup
  12. 23
  13. 48
  14. 15
  15. 1
  16. 2
  17. 65
  18. 100
  19. 86
  20. 4
  21. 108
  22. 50
  23. 72
  24. 45
  25. 4
  26. 24
  27. 55
  28. 100
  29. 29
  30. 5
  31. 22
  32. what buyers will pay
  33. 25
  34. 44
  35. 13
  36. 3
  37. 50
  38. 45
  39. 72
  40. 50

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