← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 540 · 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 ₹30 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One fruit cup costs ₹34 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) guess any price (d) cost − a markup
  4. 4.One cup of lemonade costs ₹28 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One painted pebble costs ₹56 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  7. 7.One painted pebble costs ₹13 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One cup of lemonade costs ₹17 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One potted plant costs ₹10 to make and Rohan sells it for ₹15. What is the markup in percent?
  11. 11.One painted pebble costs ₹12 to make and Zoya sells it for ₹15. What is the markup in percent?
  12. 12.One potted plant costs ₹52 to make and Vihaan sells it for ₹104. What is the markup in percent?
  13. 13.One bag of popcorn costs ₹30 to make and Kabir sells it for ₹36. What is the markup in percent?
  14. 14.One handmade card costs ₹14 to make and Aarav sells it for ₹28. What is the markup in percent?
  15. 15.One fruit cup costs ₹22 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  17. 17.One clay diya costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One paper bookmark costs ₹26 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹19 to make and Riya sells it for ₹38. What is the markup in percent?
  20. 20.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  21. 21.One friendship band costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  22. 22.One glass of chai costs ₹38 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹36 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  24. 24.One bag of popcorn costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹50 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One potted plant costs ₹18 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹39 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹53 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹60 to make and Saanvi sells it for ₹75. What is the markup in percent?
  30. 30.One jute bag costs ₹47 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One potted plant costs ₹48 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  33. 33.One potted plant costs ₹23 to make and Gurpreet sells it for ₹46. What is the markup in percent?
  34. 34.One fruit cup costs ₹18 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹20 to make and Gurpreet sells it for ₹22. What is the markup in percent?
  36. 36.One painted pebble costs ₹50 to make and Vihaan sells it for ₹60. What is the markup in percent?
  37. 37.One cup of lemonade costs ₹44 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹36 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  39. 39.One cup of lemonade costs ₹24 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One paper bookmark costs ₹42 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?

Answer key

  1. 36
  2. 51
  3. cost + a markup
  4. 35
  5. 70
  6. what buyers will pay
  7. 26
  8. 2
  9. 34
  10. 50
  11. 25
  12. 100
  13. 20
  14. 100
  15. 11
  16. 10 rupees
  17. 6
  18. 39
  19. 100
  20. a loss
  21. 10
  22. 38
  23. 36
  24. 24
  25. 10
  26. 18
  27. 39
  28. 106
  29. 25
  30. 94
  31. 60
  32. 10
  33. 100
  34. 27
  35. 10
  36. 20
  37. 55
  38. 18
  39. 6
  40. 21

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