← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 479 · 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 ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  2. 2.One handmade card costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  4. 4.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  5. 5.One potted plant costs ₹58 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹14 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹28 to make and Diya sells it for ₹35. What is the markup in percent?
  8. 8.One cupcake costs ₹60 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  9. 9.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  10. 10.One jute bag costs ₹48 to make and Gurpreet sells it for ₹72. What is the markup in percent?
  11. 11.One handmade card costs ₹46 to make and Zoya sells it for ₹69. What is the markup in percent?
  12. 12.One fruit cup costs ₹59 to make and Diya sells it for ₹118. What is the markup in percent?
  13. 13.One handmade card costs ₹56 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One glass of chai costs ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹35 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One handmade card costs ₹25 to make and Dev sells it for ₹30. What is the markup in percent?
  17. 17.One handmade card costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹31 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹40 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹21 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One jute bag costs ₹32 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One cup of lemonade costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹43 to make and Kavya sells it for ₹86. What is the markup in percent?
  24. 24.One fruit cup costs ₹24 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One fruit cup costs ₹50 to make and Zoya sells it for ₹60. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One clay diya costs ₹18 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One painted pebble costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  29. 29.One fruit cup costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  30. 30.One handmade card costs ₹54 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹22 to make and Diya sells it for ₹33. What is the markup in percent?
  32. 32.One bag of popcorn costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  33. 33.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) nothing else (d) the weather only
  34. 34.One clay diya costs ₹59 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One potted plant costs ₹40 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹53 to make and Arjun sells it for ₹106. What is the markup in percent?
  38. 38.One bag of popcorn costs ₹40 to make and Farhan sells it for ₹80. What is the markup in percent?
  39. 39.One clay diya costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One cupcake costs ₹36 to make. Diya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 10
  3. cost + a markup
  4. a loss
  5. 116
  6. 7
  7. 25
  8. 75
  9. 10 rupees
  10. 50
  11. 50
  12. 100
  13. 70
  14. 33
  15. 7
  16. 20
  17. 66
  18. 62
  19. 44
  20. 42
  21. 8
  22. 33
  23. 100
  24. 6
  25. 20
  26. 1
  27. 36
  28. 10
  29. 10
  30. 81
  31. 50
  32. 10
  33. what buyers will pay
  34. 59
  35. 22
  36. 48
  37. 100
  38. 100
  39. 5
  40. 45

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