← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 752 · 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 ₹20 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One friendship band costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  3. 3.One painted pebble costs ₹60 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹54 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 50 rupees (c) 10 rupees (d) 5 rupees
  6. 6.One jute bag costs ₹20 to make and Vihaan sells it for ₹24. What is the markup in percent?
  7. 7.One fruit cup costs ₹60 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One bag of popcorn costs ₹52 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹40 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹55 to make and Gurpreet sells it for ₹66. What is the markup in percent?
  11. 11.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  12. 12.One friendship band costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) free stock (b) a profit (c) break-even (d) a loss
  14. 14.One fruit cup costs ₹50 to make and Lakshmi sells it for ₹55. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹15 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One handmade card costs ₹50 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One jute bag costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹28 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One potted plant costs ₹35 to make and Riya sells it for ₹42. What is the markup in percent?
  20. 20.One paper bookmark costs ₹42 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One clay diya costs ₹28 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One potted plant costs ₹24 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹12 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.🤔 Besides cost, what should a price think about? (a) nothing else (b) the weather only (c) your favourite number (d) what buyers will pay
  25. 25.One cupcake costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹60 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One glass of chai costs ₹52 to make and Kavya sells it for ₹104. What is the markup in percent?
  28. 28.One friendship band costs ₹30 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One clay diya costs ₹50 to make and Ishaan sells it for ₹75. What is the markup in percent?
  30. 30.One potted plant costs ₹12 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One paper bookmark costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹26 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹10 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One potted plant costs ₹16 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One glass of chai costs ₹35 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One paper bookmark costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹30 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹38 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹19 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One handmade card costs ₹24 to make. Vihaan adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. 10
  2. 10
  3. 12
  4. 54
  5. 10 rupees
  6. 20
  7. 72
  8. 78
  9. 80
  10. 20
  11. cost + a markup
  12. 22
  13. a loss
  14. 10
  15. 18
  16. 60
  17. 66
  18. 35
  19. 20
  20. 63
  21. 35
  22. 6
  23. 3
  24. what buyers will pay
  25. 4
  26. 75
  27. 100
  28. 15
  29. 50
  30. 3
  31. 11
  32. 39
  33. 20
  34. 8
  35. 7
  36. 22
  37. 33
  38. 57
  39. 19
  40. 6

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