← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 717 · 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 cupcake costs ₹20 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One handmade card costs ₹40 to make and Dev sells it for ₹44. What is the markup in percent?
  3. 3.One bag of popcorn costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  4. 4.One clay diya costs ₹40 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹12 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One clay diya costs ₹60 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  8. 8.One cup of lemonade costs ₹33 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) break-even (b) a loss (c) free stock (d) a profit
  10. 10.One glass of chai costs ₹16 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One bag of popcorn costs ₹35 to make and Ananya sells it for ₹42. What is the markup in percent?
  12. 12.One handmade card costs ₹52 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One jute bag costs ₹10 to make and Vihaan sells it for ₹11. What is the markup in percent?
  14. 14.One cupcake costs ₹59 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.One glass of chai costs ₹14 to make and Joseph sells it for ₹21. What is the markup in percent?
  16. 16.One jute bag costs ₹12 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹60 to make and Zoya sells it for ₹66. What is the markup in percent?
  18. 18.One handmade card costs ₹30 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  19. 19.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  20. 20.One cupcake costs ₹10 to make and Zoya sells it for ₹12. What is the markup in percent?
  21. 21.One handmade card costs ₹24 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹50 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One glass of chai costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One painted pebble costs ₹26 to make and Farhan sells it for ₹39. What is the markup in percent?
  25. 25.One glass of chai costs ₹10 to make and Ishaan sells it for ₹12. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹35 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  27. 27.One paper bookmark costs ₹49 to make and Aarav sells it for ₹98. What is the markup in percent?
  28. 28.One potted plant costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One bag of popcorn costs ₹36 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One friendship band costs ₹26 to make and Kabir sells it for ₹39. What is the markup in percent?
  31. 31.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) guess any price (d) copy a rival
  32. 32.One painted pebble costs ₹36 to make and Rohan sells it for ₹72. What is the markup in percent?
  33. 33.One paper bookmark costs ₹56 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One cup of lemonade costs ₹34 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹50 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  37. 37.One friendship band costs ₹46 to make and Nisha sells it for ₹69. What is the markup in percent?
  38. 38.One painted pebble costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  39. 39.One jute bag costs ₹52 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?

Answer key

  1. 5
  2. 10
  3. 33
  4. 8
  5. 18
  6. 72
  7. 10 rupees
  8. 66
  9. a loss
  10. 20
  11. 20
  12. 65
  13. 10
  14. 59
  15. 50
  16. 3
  17. 10
  18. 33
  19. what buyers will pay
  20. 20
  21. 30
  22. 10
  23. 1
  24. 50
  25. 20
  26. 70
  27. 100
  28. 4
  29. 54
  30. 50
  31. cost + a markup
  32. 100
  33. 14
  34. 51
  35. 5
  36. 10
  37. 50
  38. 2
  39. 78
  40. 20

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