← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 562 · 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 potted plant costs ₹44 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  2. 2.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) guess any price (d) cost + a markup
  3. 3.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) your favourite number (c) the weather only (d) nothing else
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 50 rupees (d) 10 rupees
  5. 5.One handmade card costs ₹14 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One jute bag costs ₹60 to make and Rohan sells it for ₹66. What is the markup in percent?
  7. 7.One potted plant costs ₹55 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One fruit cup costs ₹16 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹35 to make and Gurpreet sells it for ₹42. What is the markup in percent?
  10. 10.One painted pebble costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  11. 11.One friendship band costs ₹14 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹50 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One friendship band costs ₹16 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One handmade card costs ₹30 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One paper bookmark costs ₹10 to make and Vihaan sells it for ₹11. What is the markup in percent?
  16. 16.One paper bookmark costs ₹38 to make and Kavya sells it for ₹57. What is the markup in percent?
  17. 17.One painted pebble costs ₹46 to make and Saanvi sells it for ₹92. What is the markup in percent?
  18. 18.One potted plant costs ₹32 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One potted plant costs ₹58 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One potted plant costs ₹18 to make and Rohan sells it for ₹36. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹40 to make and Rohan sells it for ₹80. What is the markup in percent?
  22. 22.One fruit cup costs ₹23 to make and Ishaan sells it for ₹46. What is the markup in percent?
  23. 23.One paper bookmark costs ₹30 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One handmade card costs ₹20 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  25. 25.One cup of lemonade costs ₹44 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹46 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹33 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One paper bookmark costs ₹52 to make and Kavya sells it for ₹78. What is the markup in percent?
  29. 29.One handmade card costs ₹20 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One fruit cup costs ₹38 to make and Arjun sells it for ₹57. What is the markup in percent?
  31. 31.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  32. 32.One cup of lemonade costs ₹40 to make and Rohan sells it for ₹44. What is the markup in percent?
  33. 33.One cupcake costs ₹15 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹34 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹60 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹15 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One potted plant costs ₹10 to make and Diya sells it for ₹12. What is the markup in percent?
  39. 39.One bag of popcorn costs ₹35 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  40. 40.One paper bookmark costs ₹57 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 55
  2. cost + a markup
  3. what buyers will pay
  4. 10 rupees
  5. 7
  6. 10
  7. 110
  8. 8
  9. 20
  10. 10
  11. 7
  12. 10
  13. 8
  14. 3
  15. 10
  16. 50
  17. 100
  18. 8
  19. 87
  20. 100
  21. 100
  22. 100
  23. 33
  24. 5
  25. 66
  26. 92
  27. 66
  28. 50
  29. 25
  30. 50
  31. a loss
  32. 10
  33. 15
  34. 51
  35. 4
  36. 60
  37. 30
  38. 20
  39. 42
  40. 57

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