← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 739 · 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 paper bookmark costs ₹52 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One cupcake costs ₹20 to make and Farhan sells it for ₹40. What is the markup in percent?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  4. 4.One fruit cup costs ₹15 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  5. 5.One fruit cup costs ₹44 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One clay diya costs ₹36 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹28 to make and Dev sells it for ₹35. What is the markup in percent?
  8. 8.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  9. 9.One clay diya costs ₹20 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  10. 10.One clay diya costs ₹10 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One jute bag costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹52 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One friendship band costs ₹23 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  14. 14.One bag of popcorn costs ₹41 to make and Rohan sells it for ₹82. What is the markup in percent?
  15. 15.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  16. 16.One clay diya costs ₹16 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹40 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹16 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  19. 19.One clay diya costs ₹60 to make. Farhan adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One painted pebble costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One cupcake costs ₹36 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One paper bookmark costs ₹40 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One fruit cup costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹36 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) the weather only (c) nothing else (d) your favourite number
  26. 26.One bag of popcorn costs ₹50 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One cupcake costs ₹22 to make and Arjun sells it for ₹33. What is the markup in percent?
  28. 28.One paper bookmark costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One glass of chai costs ₹20 to make and Diya sells it for ₹25. What is the markup in percent?
  30. 30.One clay diya costs ₹37 to make and Tara sells it for ₹74. What is the markup in percent?
  31. 31.One jute bag costs ₹15 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One handmade card costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One painted pebble costs ₹20 to make and Aarav sells it for ₹22. What is the markup in percent?
  34. 34.One paper bookmark costs ₹35 to make. Lakshmi adds a 100% markup. What is the selling price (in ₹)?
  35. 35.One cupcake costs ₹48 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹16 to make and Farhan sells it for ₹24. What is the markup in percent?
  37. 37.One cupcake costs ₹50 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹56 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  40. 40.One bag of popcorn costs ₹15 to make and Gurpreet sells it for ₹18. What is the markup in percent?

Answer key

  1. 26
  2. 100
  3. 10 rupees
  4. 3
  5. 66
  6. 54
  7. 25
  8. cost + a markup
  9. 25
  10. 11
  11. 48
  12. 65
  13. 46
  14. 100
  15. a loss
  16. 20
  17. 44
  18. 8
  19. 30
  20. 22
  21. 45
  22. 4
  23. 24
  24. 18
  25. what buyers will pay
  26. 60
  27. 50
  28. 6
  29. 25
  30. 100
  31. 18
  32. 12
  33. 10
  34. 70
  35. 60
  36. 50
  37. 10
  38. 22
  39. 28
  40. 20

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