← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 658 · 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 cup of lemonade costs ₹18 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹55 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One friendship band costs ₹52 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One handmade card costs ₹32 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  5. 5.One cup of lemonade costs ₹17 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One clay diya costs ₹46 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹10 to make and Lakshmi sells it for ₹11. What is the markup in percent?
  8. 8.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  9. 9.One friendship band costs ₹45 to make and Gurpreet sells it for ₹54. What is the markup in percent?
  10. 10.One fruit cup costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  11. 11.One jute bag costs ₹10 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One fruit cup costs ₹22 to make and Nisha sells it for ₹44. What is the markup in percent?
  13. 13.One clay diya costs ₹60 to make and Riya sells it for ₹72. What is the markup in percent?
  14. 14.One paper bookmark costs ₹44 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One cup of lemonade costs ₹13 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  16. 16.One cup of lemonade costs ₹36 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  18. 18.One cup of lemonade costs ₹42 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One cupcake costs ₹36 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  20. 20.One cup of lemonade costs ₹48 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹44 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One cup of lemonade costs ₹20 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  23. 23.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  24. 24.One cup of lemonade costs ₹34 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  25. 25.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  26. 26.One glass of chai costs ₹44 to make and Vihaan sells it for ₹55. What is the markup in percent?
  27. 27.One jute bag costs ₹31 to make and Ananya sells it for ₹62. What is the markup in percent?
  28. 28.One handmade card costs ₹26 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One glass of chai costs ₹10 to make and Ananya sells it for ₹15. What is the markup in percent?
  30. 30.One painted pebble costs ₹20 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  31. 31.One cup of lemonade costs ₹12 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹60 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹15 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹58 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹40 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One painted pebble costs ₹15 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹20 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One bag of popcorn costs ₹33 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One glass of chai costs ₹40 to make and Diya sells it for ₹48. What is the markup in percent?
  40. 40.One fruit cup costs ₹32 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 27
  2. 11
  3. 26
  4. 8
  5. 17
  6. 69
  7. 10
  8. what buyers will pay
  9. 20
  10. 20
  11. 12
  12. 100
  13. 20
  14. 55
  15. 13
  16. 9
  17. 10 rupees
  18. 63
  19. 54
  20. 72
  21. 55
  22. 22
  23. cost + a markup
  24. 68
  25. a loss
  26. 25
  27. 100
  28. 52
  29. 50
  30. 4
  31. 3
  32. 120
  33. 3
  34. 58
  35. 48
  36. 3
  37. 5
  38. 66
  39. 20
  40. 40

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