← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 452 · 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 friendship band costs ₹37 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) nothing else (d) the weather only
  3. 3.One jute bag costs ₹60 to make and Rohan sells it for ₹66. What is the markup in percent?
  4. 4.One painted pebble costs ₹10 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One potted plant costs ₹48 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  7. 7.One potted plant costs ₹20 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹40 to make and Joseph sells it for ₹48. What is the markup in percent?
  9. 9.One paper bookmark costs ₹28 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One fruit cup costs ₹30 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One cupcake costs ₹27 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹55 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One handmade card costs ₹24 to make. Nisha adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One jute bag costs ₹24 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹35 to make and Ishaan sells it for ₹42. What is the markup in percent?
  16. 16.One potted plant costs ₹12 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹20 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹15 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One glass of chai costs ₹56 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One jute bag costs ₹20 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One cup of lemonade costs ₹34 to make and Aarav sells it for ₹51. What is the markup in percent?
  22. 22.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  23. 23.One clay diya costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One clay diya costs ₹24 to make and Vihaan sells it for ₹48. What is the markup in percent?
  25. 25.One clay diya costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹44 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹38 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹35 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹56 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  31. 31.One handmade card costs ₹12 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹52 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One glass of chai costs ₹20 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One potted plant costs ₹22 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One cup of lemonade costs ₹44 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹45 to make and Zoya sells it for ₹54. What is the markup in percent?
  37. 37.One cupcake costs ₹36 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹35 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One cupcake costs ₹60 to make and Kavya sells it for ₹66. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹40 to make and Tara sells it for ₹44. What is the markup in percent?

Answer key

  1. 74
  2. what buyers will pay
  3. 10
  4. 11
  5. 24
  6. 10 rupees
  7. 4
  8. 20
  9. 14
  10. 3
  11. 54
  12. 11
  13. 36
  14. 30
  15. 20
  16. 15
  17. 2
  18. 18
  19. 70
  20. 2
  21. 50
  22. a loss
  23. 2
  24. 100
  25. 18
  26. 88
  27. 57
  28. 35
  29. 28
  30. cost + a markup
  31. 15
  32. 104
  33. 4
  34. 11
  35. 22
  36. 20
  37. 9
  38. 7
  39. 10
  40. 10

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