← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 73 · 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 and Vihaan sells it for ₹22. What is the markup in percent?
  2. 2.One bag of popcorn costs ₹60 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  4. 4.One fruit cup costs ₹55 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  5. 5.One cup of lemonade costs ₹44 to make and Zoya sells it for ₹55. What is the markup in percent?
  6. 6.One handmade card costs ₹35 to make and Saanvi sells it for ₹42. What is the markup in percent?
  7. 7.One glass of chai costs ₹30 to make and Lakshmi sells it for ₹33. What is the markup in percent?
  8. 8.One paper bookmark costs ₹35 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One friendship band costs ₹40 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One glass of chai costs ₹10 to make and Vihaan sells it for ₹11. What is the markup in percent?
  11. 11.One clay diya costs ₹20 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹20 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹52 to make and Tara sells it for ₹65. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹32 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹40 to make and Farhan sells it for ₹60. What is the markup in percent?
  16. 16.One friendship band costs ₹40 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹10 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹47 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹55 to make and Rohan sells it for ₹66. What is the markup in percent?
  20. 20.One clay diya costs ₹16 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One paper bookmark costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  22. 22.One bag of popcorn costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹18 to make. Vihaan adds a 100% markup. What is the selling price (in ₹)?
  24. 24.One cupcake costs ₹45 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  25. 25.One fruit cup costs ₹15 to make and Rohan sells it for ₹18. What is the markup in percent?
  26. 26.One cupcake costs ₹50 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One handmade card costs ₹33 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?
  28. 28.One cup of lemonade costs ₹13 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  29. 29.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
  30. 30.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  31. 31.One painted pebble costs ₹30 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹15 to make and Lakshmi sells it for ₹18. What is the markup in percent?
  33. 33.One painted pebble costs ₹52 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One clay diya costs ₹12 to make and Kavya sells it for ₹18. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?
  36. 36.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) what buyers will pay (d) your favourite number
  37. 37.One handmade card costs ₹45 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹35 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹10 to make and Diya sells it for ₹11. What is the markup in percent?
  40. 40.One friendship band costs ₹28 to make and Aarav sells it for ₹35. What is the markup in percent?

Answer key

  1. 10
  2. 60
  3. 10 rupees
  4. 20
  5. 25
  6. 20
  7. 10
  8. 42
  9. 8
  10. 10
  11. 40
  12. 22
  13. 25
  14. 8
  15. 50
  16. 4
  17. 20
  18. 94
  19. 20
  20. 24
  21. 10
  22. 11
  23. 36
  24. 54
  25. 20
  26. 10
  27. 33
  28. 13
  29. cost + a markup
  30. a loss
  31. 45
  32. 20
  33. 65
  34. 50
  35. 20
  36. what buyers will pay
  37. 54
  38. 42
  39. 10
  40. 25

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