← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 469 · 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 paper bookmark costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One clay diya costs ₹10 to make and Ananya sells it for ₹15. What is the markup in percent?
  3. 3.One cupcake costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹20 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹60 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  7. 7.One glass of chai costs ₹20 to make. Dev adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One fruit cup costs ₹53 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One handmade card costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹14 to make. Meera adds a 50% markup. What is the selling price (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 painted pebble costs ₹48 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹20 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One bag of popcorn costs ₹50 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One glass of chai costs ₹36 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹40 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹15 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹18 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  20. 20.One handmade card costs ₹22 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹50 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  22. 22.One jute bag costs ₹14 to make and Dev sells it for ₹28. What is the markup in percent?
  23. 23.One handmade card costs ₹20 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One jute bag costs ₹28 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹45 to make and Rohan sells it for ₹54. What is the markup in percent?
  26. 26.One bag of popcorn costs ₹50 to make and Riya sells it for ₹55. What is the markup in percent?
  27. 27.One handmade card costs ₹10 to make and Farhan sells it for ₹12. What is the markup in percent?
  28. 28.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  29. 29.One bag of popcorn costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  30. 30.📉 A price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  31. 31.One cup of lemonade costs ₹36 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹60 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹48 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹26 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One paper bookmark costs ₹25 to make and Tara sells it for ₹30. What is the markup in percent?
  36. 36.One bag of popcorn costs ₹41 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹26 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹50 to make and Arjun sells it for ₹55. What is the markup in percent?
  39. 39.One friendship band costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One painted pebble costs ₹42 to make and Kabir sells it for ₹84. What is the markup in percent?

Answer key

  1. 4
  2. 50
  3. 33
  4. 22
  5. 12
  6. what buyers will pay
  7. 5
  8. 53
  9. 24
  10. 21
  11. cost + a markup
  12. 60
  13. 25
  14. 55
  15. 9
  16. 50
  17. 18
  18. 9
  19. 10
  20. 44
  21. 5
  22. 100
  23. 25
  24. 35
  25. 20
  26. 10
  27. 20
  28. 10 rupees
  29. 10
  30. a loss
  31. 18
  32. 66
  33. 12
  34. 13
  35. 20
  36. 82
  37. 13
  38. 10
  39. 66
  40. 100

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