← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 600 · 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 ₹10 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  2. 2.One cup of lemonade costs ₹55 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  4. 4.One cup of lemonade costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One handmade card costs ₹32 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  7. 7.One fruit cup costs ₹18 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹60 to make and Rohan sells it for ₹66. What is the markup in percent?
  9. 9.One clay diya costs ₹44 to make and Ishaan sells it for ₹66. What is the markup in percent?
  10. 10.One paper bookmark costs ₹24 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹42 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One potted plant costs ₹58 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One cup of lemonade costs ₹20 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One fruit cup costs ₹44 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) cost + a markup (d) copy a rival
  16. 16.One cupcake costs ₹20 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹36 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹28 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  19. 19.One paper bookmark costs ₹32 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹10 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  21. 21.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  22. 22.One fruit cup costs ₹10 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One jute bag costs ₹40 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹56 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹30 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One friendship band costs ₹14 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹45 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cupcake costs ₹16 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One clay diya costs ₹42 to make and Arjun sells it for ₹63. What is the markup in percent?
  31. 31.One handmade card costs ₹37 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹50 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹30 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One painted pebble costs ₹28 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One painted pebble costs ₹51 to make and Arjun sells it for ₹102. What is the markup in percent?
  36. 36.One handmade card costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One jute bag costs ₹20 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One bag of popcorn costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  39. 39.One potted plant costs ₹38 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One clay diya costs ₹40 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 1
  2. 11
  3. a loss
  4. 6
  5. 8
  6. what buyers will pay
  7. 27
  8. 10
  9. 50
  10. 48
  11. 21
  12. 116
  13. 40
  14. 55
  15. cost + a markup
  16. 5
  17. 54
  18. 28
  19. 16
  20. 11
  21. 10 rupees
  22. 1
  23. 60
  24. 70
  25. 3
  26. 21
  27. 45
  28. 24
  29. 22
  30. 50
  31. 37
  32. 10
  33. 6
  34. 28
  35. 100
  36. 6
  37. 25
  38. 20
  39. 57
  40. 50

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