← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 655 · 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 price below the cost leads to… (a) break-even (b) a profit (c) a loss (d) free stock
  2. 2.One cupcake costs ₹60 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One potted plant costs ₹18 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  4. 4.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  5. 5.One cupcake costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹45 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One jute bag costs ₹60 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One clay diya costs ₹25 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One paper bookmark costs ₹46 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One fruit cup costs ₹20 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One cup of lemonade costs ₹51 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One friendship band costs ₹18 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹10 to make and Dev sells it for ₹15. What is the markup in percent?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  15. 15.One cupcake costs ₹42 to make and Riya sells it for ₹63. What is the markup in percent?
  16. 16.One jute bag costs ₹14 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹26 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹12 to make and Kabir sells it for ₹15. What is the markup in percent?
  19. 19.One glass of chai costs ₹55 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One painted pebble costs ₹60 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹32 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  22. 22.One cupcake costs ₹40 to make and Arjun sells it for ₹44. What is the markup in percent?
  23. 23.One handmade card costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One cupcake costs ₹32 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹32 to make and Saanvi sells it for ₹48. What is the markup in percent?
  26. 26.One handmade card costs ₹44 to make and Kavya sells it for ₹55. What is the markup in percent?
  27. 27.One cup of lemonade costs ₹52 to make and Ishaan sells it for ₹104. What is the markup in percent?
  28. 28.One clay diya costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  29. 29.One cupcake costs ₹18 to make and Rohan sells it for ₹36. What is the markup in percent?
  30. 30.One jute bag costs ₹32 to make and Lakshmi sells it for ₹40. What is the markup in percent?
  31. 31.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  32. 32.One fruit cup costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  33. 33.One friendship band costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One handmade card costs ₹32 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One jute bag costs ₹50 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹50 to make and Gurpreet sells it for ₹55. What is the markup in percent?
  37. 37.One bag of popcorn costs ₹24 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹44 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. a loss
  2. 12
  3. 27
  4. cost + a markup
  5. 60
  6. 54
  7. 72
  8. 25
  9. 92
  10. 4
  11. 51
  12. 36
  13. 50
  14. 10 rupees
  15. 50
  16. 28
  17. 13
  18. 25
  19. 11
  20. 6
  21. 32
  22. 10
  23. 6
  24. 40
  25. 50
  26. 25
  27. 100
  28. 10
  29. 100
  30. 25
  31. what buyers will pay
  32. 2
  33. 44
  34. 8
  35. 50
  36. 10
  37. 30
  38. 44
  39. 4
  40. 72

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