← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 676 · 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) a loss (b) break-even (c) free stock (d) a profit
  2. 2.One fruit cup costs ₹56 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One potted plant costs ₹55 to make and Riya sells it for ₹66. What is the markup in percent?
  4. 4.One handmade card costs ₹45 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  6. 6.One jute bag costs ₹36 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One fruit cup costs ₹40 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  8. 8.One jute bag costs ₹45 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One cupcake costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  10. 10.One handmade card costs ₹60 to make and Joseph sells it for ₹72. What is the markup in percent?
  11. 11.One bag of popcorn costs ₹40 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  13. 13.One paper bookmark costs ₹40 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  15. 15.One cup of lemonade costs ₹20 to make and Zoya sells it for ₹22. What is the markup in percent?
  16. 16.One jute bag costs ₹35 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹25 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One potted plant costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹22 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One jute bag costs ₹15 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One cupcake costs ₹35 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  22. 22.One jute bag costs ₹50 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One bag of popcorn costs ₹40 to make and Ananya sells it for ₹44. What is the markup in percent?
  25. 25.One cupcake costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹48 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One handmade card costs ₹35 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One cup of lemonade costs ₹10 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹10 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹58 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹10 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹14 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One glass of chai costs ₹50 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One paper bookmark costs ₹44 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One painted pebble costs ₹43 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One cupcake costs ₹32 to make and Diya sells it for ₹40. What is the markup in percent?
  39. 39.One painted pebble costs ₹35 to make and Saanvi sells it for ₹70. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹52 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. a loss
  2. 70
  3. 20
  4. 54
  5. 20
  6. 9
  7. 10
  8. 9
  9. 10
  10. 20
  11. 4
  12. cost + a markup
  13. 4
  14. 10 rupees
  15. 10
  16. 42
  17. 50
  18. 10
  19. 22
  20. 3
  21. 70
  22. 10
  23. 3
  24. 10
  25. 22
  26. 60
  27. 35
  28. 22
  29. 12
  30. 1
  31. 87
  32. 44
  33. 10
  34. 14
  35. 60
  36. 11
  37. 86
  38. 25
  39. 100
  40. 52

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