← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 60 · 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 glass of chai costs ₹16 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One jute bag costs ₹20 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  4. 4.📉 A price below the cost leads to… (a) a loss (b) a profit (c) free stock (d) break-even
  5. 5.One cupcake costs ₹45 to make and Nisha sells it for ₹54. What is the markup in percent?
  6. 6.One paper bookmark costs ₹37 to make and Arjun sells it for ₹74. What is the markup in percent?
  7. 7.One paper bookmark costs ₹52 to make and Aarav sells it for ₹78. What is the markup in percent?
  8. 8.One handmade card costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹60 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One painted pebble costs ₹50 to make and Dev sells it for ₹60. What is the markup in percent?
  11. 11.One handmade card costs ₹10 to make and Farhan sells it for ₹12. What is the markup in percent?
  12. 12.One fruit cup costs ₹48 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.One handmade card costs ₹59 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One fruit cup costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹20 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One glass of chai costs ₹50 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) nothing else (d) the weather only
  18. 18.One glass of chai costs ₹20 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹20 to make and Dev sells it for ₹25. What is the markup in percent?
  20. 20.One cupcake costs ₹12 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  22. 22.One paper bookmark costs ₹38 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One handmade card costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One potted plant costs ₹22 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One cupcake costs ₹33 to make and Diya sells it for ₹66. What is the markup in percent?
  26. 26.One potted plant costs ₹48 to make and Ananya sells it for ₹60. What is the markup in percent?
  27. 27.One glass of chai costs ₹24 to make and Kavya sells it for ₹36. What is the markup in percent?
  28. 28.One glass of chai costs ₹56 to make and Gurpreet sells it for ₹84. What is the markup in percent?
  29. 29.One handmade card costs ₹30 to make and Kavya sells it for ₹33. What is the markup in percent?
  30. 30.One bag of popcorn costs ₹10 to make and Ishaan sells it for ₹20. What is the markup in percent?
  31. 31.One potted plant costs ₹25 to make and Zoya sells it for ₹30. What is the markup in percent?
  32. 32.One painted pebble costs ₹60 to make and Kabir sells it for ₹90. What is the markup in percent?
  33. 33.One potted plant costs ₹35 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹48 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹12 to make and Kavya sells it for ₹18. What is the markup in percent?
  36. 36.One glass of chai costs ₹40 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹52 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One clay diya costs ₹60 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  39. 39.One painted pebble costs ₹10 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹14 to make and Vihaan sells it for ₹28. What is the markup in percent?

Answer key

  1. 20
  2. 5
  3. 10 rupees
  4. a loss
  5. 20
  6. 100
  7. 50
  8. 5
  9. 66
  10. 20
  11. 20
  12. 12
  13. 59
  14. 2
  15. 4
  16. 10
  17. what buyers will pay
  18. 24
  19. 25
  20. 3
  21. cost + a markup
  22. 38
  23. 55
  24. 33
  25. 100
  26. 25
  27. 50
  28. 50
  29. 10
  30. 100
  31. 20
  32. 50
  33. 35
  34. 24
  35. 50
  36. 10
  37. 65
  38. 10
  39. 2
  40. 100

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