← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 682 · 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 ₹50 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One cupcake costs ₹52 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  3. 3.One bag of popcorn costs ₹52 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹10 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹45 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹40 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹20 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  8. 8.One friendship band costs ₹60 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  9. 9.One painted pebble costs ₹20 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One fruit cup costs ₹50 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹48 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹50 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One paper bookmark costs ₹24 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One fruit cup costs ₹20 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One painted pebble costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One cup of lemonade costs ₹18 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹60 to make and Riya sells it for ₹66. What is the markup in percent?
  19. 19.One paper bookmark costs ₹60 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹60 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One cupcake costs ₹24 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) the weather only (d) your favourite number
  23. 23.One cupcake costs ₹35 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹34 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹28 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  26. 26.One friendship band costs ₹12 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One cup of lemonade costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One painted pebble costs ₹10 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One painted pebble costs ₹30 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹20 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  32. 32.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  33. 33.One glass of chai costs ₹24 to make and Tara sells it for ₹30. What is the markup in percent?
  34. 34.One clay diya costs ₹21 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹56 to make and Zoya sells it for ₹70. What is the markup in percent?
  36. 36.One glass of chai costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One paper bookmark costs ₹52 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  38. 38.One handmade card costs ₹20 to make and Nisha sells it for ₹25. What is the markup in percent?
  39. 39.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) copy a rival (d) cost − a markup
  40. 40.One handmade card costs ₹30 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 13
  3. 52
  4. 1
  5. 9
  6. 8
  7. 40
  8. 66
  9. 2
  10. 55
  11. 60
  12. 10
  13. 2
  14. 30
  15. 24
  16. 22
  17. 36
  18. 10
  19. 66
  20. 6
  21. 30
  22. what buyers will pay
  23. 7
  24. 68
  25. 35
  26. 15
  27. 55
  28. 1
  29. 15
  30. 2
  31. 22
  32. 10 rupees
  33. 25
  34. 42
  35. 25
  36. 55
  37. 78
  38. 25
  39. cost + a markup
  40. 33

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