← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 52 · 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 ₹28 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹16 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
  4. 4.One glass of chai costs ₹36 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹22 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One potted plant costs ₹52 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  7. 7.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
  8. 8.One clay diya costs ₹50 to make and Ishaan sells it for ₹55. What is the markup in percent?
  9. 9.One bag of popcorn costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One paper bookmark costs ₹50 to make and Meera sells it for ₹55. What is the markup in percent?
  11. 11.One cupcake costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One glass of chai costs ₹52 to make and Riya sells it for ₹78. What is the markup in percent?
  13. 13.One paper bookmark costs ₹47 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One friendship band costs ₹42 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹33 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One potted plant costs ₹44 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹42 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹54 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  20. 20.One friendship band costs ₹20 to make and Tara sells it for ₹25. What is the markup in percent?
  21. 21.One handmade card costs ₹38 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹12 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  25. 25.One cup of lemonade costs ₹10 to make and Meera sells it for ₹12. What is the markup in percent?
  26. 26.One clay diya costs ₹24 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One handmade card costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One glass of chai costs ₹25 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹25 to make and Kabir sells it for ₹30. What is the markup in percent?
  33. 33.One friendship band costs ₹50 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹60 to make and Gurpreet sells it for ₹75. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One handmade card costs ₹55 to make and Tara sells it for ₹66. What is the markup in percent?
  37. 37.One fruit cup costs ₹40 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹24 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One handmade card costs ₹50 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One glass of chai costs ₹60 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 7
  2. 20
  3. 10 rupees
  4. 54
  5. 33
  6. 65
  7. cost + a markup
  8. 10
  9. 1
  10. 10
  11. 60
  12. 50
  13. 94
  14. 21
  15. 33
  16. 55
  17. 63
  18. 108
  19. a loss
  20. 25
  21. 76
  22. 12
  23. 6
  24. what buyers will pay
  25. 20
  26. 30
  27. 1
  28. 4
  29. 11
  30. 1
  31. 30
  32. 20
  33. 10
  34. 25
  35. 2
  36. 20
  37. 50
  38. 30
  39. 5
  40. 90

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