← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 68 · 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 glass of chai costs ₹48 to make and Dev sells it for ₹60. What is the markup in percent?
  2. 2.One glass of chai costs ₹24 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹60 to make and Kabir sells it for ₹66. What is the markup in percent?
  4. 4.One cup of lemonade costs ₹24 to make and Aarav sells it for ₹48. What is the markup in percent?
  5. 5.One jute bag costs ₹22 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One cup of lemonade costs ₹54 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  7. 7.One handmade card costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  8. 8.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  9. 9.One handmade card costs ₹10 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One clay diya costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  11. 11.One clay diya costs ₹17 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One cupcake costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One potted plant costs ₹14 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One cupcake costs ₹10 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One paper bookmark costs ₹44 to make and Kabir sells it for ₹55. What is the markup in percent?
  17. 17.One friendship band costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One paper bookmark costs ₹56 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  19. 19.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 10 rupees (d) 20 rupees
  20. 20.One cup of lemonade costs ₹44 to make and Ananya sells it for ₹66. What is the markup in percent?
  21. 21.One handmade card costs ₹44 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹33 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹60 to make and Diya sells it for ₹72. What is the markup in percent?
  24. 24.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  25. 25.One glass of chai costs ₹29 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹10 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹16 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  28. 28.One handmade card costs ₹30 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹50 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹20 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One cupcake costs ₹60 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹46 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹51 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One paper bookmark costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  35. 35.One fruit cup costs ₹15 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹43 to make and Gurpreet sells it for ₹86. What is the markup in percent?
  37. 37.One bag of popcorn costs ₹15 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One painted pebble costs ₹10 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One glass of chai costs ₹50 to make and Ananya sells it for ₹75. What is the markup in percent?
  40. 40.One potted plant costs ₹39 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. 25
  2. 30
  3. 10
  4. 100
  5. 33
  6. 54
  7. 20
  8. what buyers will pay
  9. 2
  10. 10
  11. 34
  12. 8
  13. 21
  14. 15
  15. 12
  16. 25
  17. 1
  18. 70
  19. 10 rupees
  20. 50
  21. 66
  22. 66
  23. 20
  24. cost + a markup
  25. 58
  26. 11
  27. 4
  28. 3
  29. 60
  30. 2
  31. 30
  32. 69
  33. 51
  34. 11
  35. 18
  36. 100
  37. 3
  38. 1
  39. 50
  40. 39

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