← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 564 · 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 ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹18 to make. Dev adds a 50% markup. What is the profit on one (in ₹)?
  3. 3.One bag of popcorn costs ₹31 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  5. 5.One glass of chai costs ₹25 to make and Dev sells it for ₹50. What is the markup in percent?
  6. 6.One cup of lemonade costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  7. 7.One cup of lemonade costs ₹10 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  8. 8.One handmade card costs ₹10 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹14 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  11. 11.One handmade card costs ₹60 to make and Dev sells it for ₹72. What is the markup in percent?
  12. 12.One jute bag costs ₹18 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One potted plant costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One cup of lemonade costs ₹46 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One jute bag costs ₹12 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One cup of lemonade costs ₹40 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One painted pebble costs ₹12 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  19. 19.One jute bag costs ₹28 to make and Kabir sells it for ₹56. What is the markup in percent?
  20. 20.One cup of lemonade costs ₹14 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  22. 22.One paper bookmark costs ₹20 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One cupcake costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  24. 24.One painted pebble costs ₹44 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One paper bookmark costs ₹35 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One jute bag costs ₹52 to make and Meera sells it for ₹78. What is the markup in percent?
  28. 28.One jute bag costs ₹12 to make and Kabir sells it for ₹18. What is the markup in percent?
  29. 29.One handmade card costs ₹46 to make and Aarav sells it for ₹92. What is the markup in percent?
  30. 30.One jute bag costs ₹12 to make and Farhan sells it for ₹18. What is the markup in percent?
  31. 31.One painted pebble costs ₹20 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One fruit cup costs ₹30 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One glass of chai costs ₹10 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹36 to make and Zoya sells it for ₹54. What is the markup in percent?
  35. 35.One paper bookmark costs ₹40 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹30 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹19 to make and Ishaan sells it for ₹38. What is the markup in percent?
  38. 38.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  39. 39.One clay diya costs ₹24 to make and Kabir sells it for ₹30. What is the markup in percent?
  40. 40.One handmade card costs ₹24 to make and Dev sells it for ₹36. What is the markup in percent?

Answer key

  1. 48
  2. 9
  3. 31
  4. what buyers will pay
  5. 100
  6. 5
  7. 2
  8. 20
  9. 14
  10. cost + a markup
  11. 20
  12. 27
  13. 6
  14. 23
  15. 24
  16. 50
  17. 6
  18. 10 rupees
  19. 100
  20. 21
  21. 10
  22. 2
  23. 10
  24. 66
  25. 33
  26. 42
  27. 50
  28. 50
  29. 100
  30. 50
  31. 5
  32. 3
  33. 1
  34. 50
  35. 44
  36. 3
  37. 100
  38. a loss
  39. 25
  40. 50

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