← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 542 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  2. 2.One clay diya costs ₹50 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One glass of chai costs ₹15 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹53 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹10 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One cupcake costs ₹14 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹12 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One paper bookmark costs ₹28 to make and Kabir sells it for ₹56. What is the markup in percent?
  9. 9.One cupcake costs ₹50 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  12. 12.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  13. 13.One friendship band costs ₹55 to make and Kavya sells it for ₹66. What is the markup in percent?
  14. 14.One clay diya costs ₹50 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One bag of popcorn costs ₹30 to make and Gurpreet sells it for ₹33. What is the markup in percent?
  16. 16.One glass of chai costs ₹60 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹40 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One cupcake costs ₹32 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  20. 20.One handmade card costs ₹20 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹20 to make and Rohan sells it for ₹22. What is the markup in percent?
  22. 22.One cupcake costs ₹50 to make and Lakshmi sells it for ₹75. What is the markup in percent?
  23. 23.One potted plant costs ₹12 to make and Ishaan sells it for ₹15. What is the markup in percent?
  24. 24.One clay diya costs ₹45 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹38 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One fruit cup costs ₹12 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹10 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One jute bag costs ₹54 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.One glass of chai costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  30. 30.One glass of chai costs ₹10 to make and Aarav sells it for ₹12. What is the markup in percent?
  31. 31.One bag of popcorn costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
  32. 32.One potted plant costs ₹40 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹44 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One glass of chai costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
  35. 35.One cupcake costs ₹32 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹30 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One painted pebble costs ₹34 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One fruit cup costs ₹32 to make and Kabir sells it for ₹40. What is the markup in percent?
  39. 39.One handmade card costs ₹44 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  40. 40.One clay diya costs ₹40 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 10 rupees
  2. 55
  3. 18
  4. 106
  5. 15
  6. 28
  7. 15
  8. 100
  9. 100
  10. 22
  11. cost + a markup
  12. a loss
  13. 20
  14. 60
  15. 10
  16. 75
  17. 48
  18. 40
  19. what buyers will pay
  20. 24
  21. 10
  22. 50
  23. 25
  24. 54
  25. 76
  26. 15
  27. 11
  28. 54
  29. 10
  30. 20
  31. 25
  32. 60
  33. 66
  34. 25
  35. 32
  36. 33
  37. 17
  38. 25
  39. 11
  40. 48

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