← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 748 · 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 ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) a profit (b) free stock (c) a loss (d) break-even
  3. 3.One paper bookmark costs ₹60 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  4. 4.One fruit cup costs ₹12 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹20 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One potted plant costs ₹28 to make. Lakshmi adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹38 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One clay diya costs ₹10 to make and Ananya sells it for ₹11. What is the markup in percent?
  9. 9.One glass of chai costs ₹10 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One bag of popcorn costs ₹16 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  11. 11.🏷️ Cost-plus pricing means… (a) cost − a markup (b) copy a rival (c) cost + a markup (d) guess any price
  12. 12.One jute bag costs ₹46 to make and Dev sells it for ₹69. What is the markup in percent?
  13. 13.One clay diya costs ₹52 to make and Diya sells it for ₹78. What is the markup in percent?
  14. 14.One jute bag costs ₹32 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  15. 15.One handmade card costs ₹40 to make and Joseph sells it for ₹50. What is the markup in percent?
  16. 16.One glass of chai costs ₹24 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One handmade card costs ₹10 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  18. 18.One cup of lemonade costs ₹52 to make and Kavya sells it for ₹65. What is the markup in percent?
  19. 19.One glass of chai costs ₹25 to make and Riya sells it for ₹30. What is the markup in percent?
  20. 20.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  21. 21.One cup of lemonade costs ₹28 to make and Meera sells it for ₹42. What is the markup in percent?
  22. 22.One glass of chai costs ₹40 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One painted pebble costs ₹60 to make and Riya sells it for ₹75. What is the markup in percent?
  24. 24.One painted pebble costs ₹34 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One jute bag costs ₹25 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  26. 26.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  27. 27.One cup of lemonade costs ₹22 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹40 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One fruit cup costs ₹12 to make and Arjun sells it for ₹15. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹59 to make and Gurpreet sells it for ₹118. What is the markup in percent?
  31. 31.One paper bookmark costs ₹52 to make and Gurpreet sells it for ₹65. What is the markup in percent?
  32. 32.One cupcake costs ₹32 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  34. 34.One friendship band costs ₹60 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One handmade card costs ₹40 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹55 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹20 to make and Nisha sells it for ₹25. What is the markup in percent?
  38. 38.One glass of chai costs ₹12 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One cupcake costs ₹35 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹60 to make and Aarav sells it for ₹72. What is the markup in percent?

Answer key

  1. 55
  2. a loss
  3. 72
  4. 15
  5. 4
  6. 35
  7. 19
  8. 10
  9. 5
  10. 16
  11. cost + a markup
  12. 50
  13. 50
  14. 8
  15. 25
  16. 30
  17. 1
  18. 25
  19. 20
  20. what buyers will pay
  21. 50
  22. 4
  23. 25
  24. 51
  25. 30
  26. 10 rupees
  27. 33
  28. 20
  29. 25
  30. 100
  31. 25
  32. 64
  33. 10
  34. 72
  35. 44
  36. 66
  37. 25
  38. 18
  39. 7
  40. 20

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