← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 496 · 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 cup of lemonade costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹36 to make and Joseph sells it for ₹45. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  4. 4.One cupcake costs ₹29 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One jute bag costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One bag of popcorn costs ₹20 to make and Ishaan sells it for ₹24. What is the markup in percent?
  7. 7.One clay diya costs ₹16 to make and Saanvi sells it for ₹20. What is the markup in percent?
  8. 8.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  9. 9.One clay diya costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One cupcake costs ₹52 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹20 to make and Aarav sells it for ₹22. What is the markup in percent?
  12. 12.One potted plant costs ₹50 to make and Zoya sells it for ₹75. What is the markup in percent?
  13. 13.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 5 rupees (d) 20 rupees
  15. 15.One cupcake costs ₹20 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One paper bookmark costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹25 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One potted plant costs ₹45 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹60 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹60 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹12 to make and Dev sells it for ₹15. What is the markup in percent?
  22. 22.One clay diya costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹50 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹33 to make and Tara sells it for ₹66. What is the markup in percent?
  25. 25.One cup of lemonade costs ₹40 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One potted plant costs ₹38 to make and Nisha sells it for ₹57. What is the markup in percent?
  28. 28.One bag of popcorn costs ₹50 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One jute bag costs ₹40 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One fruit cup costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹57 to make and Riya sells it for ₹114. What is the markup in percent?
  32. 32.One handmade card costs ₹20 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One paper bookmark costs ₹30 to make and Diya sells it for ₹36. What is the markup in percent?
  34. 34.One bag of popcorn costs ₹10 to make and Ishaan sells it for ₹12. What is the markup in percent?
  35. 35.One cupcake costs ₹24 to make and Gurpreet sells it for ₹30. What is the markup in percent?
  36. 36.One friendship band costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
  37. 37.One jute bag costs ₹32 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One handmade card costs ₹14 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹17 to make and Vihaan sells it for ₹34. What is the markup in percent?
  40. 40.One bag of popcorn costs ₹25 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 1
  2. 25
  3. cost + a markup
  4. 29
  5. 24
  6. 20
  7. 25
  8. a loss
  9. 66
  10. 65
  11. 10
  12. 50
  13. what buyers will pay
  14. 10 rupees
  15. 40
  16. 44
  17. 5
  18. 9
  19. 30
  20. 90
  21. 25
  22. 66
  23. 60
  24. 100
  25. 8
  26. 5
  27. 50
  28. 5
  29. 48
  30. 48
  31. 100
  32. 10
  33. 20
  34. 20
  35. 25
  36. 10
  37. 32
  38. 21
  39. 100
  40. 5

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