← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 656 · 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 handmade card costs ₹30 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  2. 2.One painted pebble costs ₹60 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One fruit cup costs ₹43 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  4. 4.One bag of popcorn costs ₹28 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹60 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One handmade card costs ₹52 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹46 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹32 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One potted plant costs ₹12 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  10. 10.One glass of chai costs ₹54 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One bag of popcorn costs ₹26 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹60 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One paper bookmark costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One friendship band costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One cup of lemonade costs ₹55 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹45 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹14 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  18. 18.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) cost + a markup (d) guess any price
  19. 19.One bag of popcorn costs ₹55 to make. Joseph adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One painted pebble costs ₹45 to make and Ananya sells it for ₹54. What is the markup in percent?
  21. 21.One potted plant costs ₹36 to make and Dev sells it for ₹45. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  23. 23.One clay diya costs ₹25 to make and Lakshmi sells it for ₹50. What is the markup in percent?
  24. 24.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  25. 25.One cup of lemonade costs ₹50 to make and Ananya sells it for ₹60. What is the markup in percent?
  26. 26.One friendship band costs ₹60 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹10 to make and Riya sells it for ₹20. What is the markup in percent?
  28. 28.One glass of chai costs ₹36 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One paper bookmark costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹40 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One fruit cup costs ₹38 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  32. 32.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  33. 33.One fruit cup costs ₹27 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One clay diya costs ₹10 to make and Zoya sells it for ₹11. What is the markup in percent?
  35. 35.One jute bag costs ₹28 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹40 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹16 to make and Ishaan sells it for ₹32. What is the markup in percent?
  38. 38.One glass of chai costs ₹35 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹10 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 60
  2. 90
  3. 86
  4. 35
  5. 60
  6. 78
  7. 92
  8. 40
  9. 3
  10. 81
  11. 39
  12. 72
  13. 5
  14. 3
  15. 11
  16. 90
  17. 14
  18. cost + a markup
  19. 11
  20. 20
  21. 25
  22. 10
  23. 100
  24. a loss
  25. 20
  26. 6
  27. 100
  28. 18
  29. 11
  30. 8
  31. 76
  32. what buyers will pay
  33. 54
  34. 10
  35. 35
  36. 10
  37. 100
  38. 42
  39. 1
  40. 5

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