← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 761 · 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 ₹12 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  3. 3.One cupcake costs ₹40 to make and Riya sells it for ₹44. What is the markup in percent?
  4. 4.One paper bookmark costs ₹55 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One friendship band costs ₹16 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  6. 6.One paper bookmark costs ₹20 to make and Lakshmi sells it for ₹25. What is the markup in percent?
  7. 7.One clay diya costs ₹55 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One glass of chai costs ₹40 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One cupcake costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  10. 10.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  11. 11.One clay diya costs ₹25 to make and Arjun sells it for ₹30. What is the markup in percent?
  12. 12.One paper bookmark costs ₹60 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One cup of lemonade costs ₹60 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One potted plant costs ₹40 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  15. 15.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  16. 16.One paper bookmark costs ₹22 to make and Lakshmi sells it for ₹33. What is the markup in percent?
  17. 17.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) what buyers will pay (d) nothing else
  18. 18.One cup of lemonade costs ₹60 to make and Meera sells it for ₹72. What is the markup in percent?
  19. 19.One painted pebble costs ₹50 to make. Riya adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹35 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One clay diya costs ₹15 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹50 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹44 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  24. 24.One glass of chai costs ₹47 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹24 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One painted pebble costs ₹52 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹18 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  28. 28.One glass of chai costs ₹53 to make and Kabir sells it for ₹106. What is the markup in percent?
  29. 29.One paper bookmark costs ₹30 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One cupcake costs ₹40 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹40 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One friendship band costs ₹30 to make and Ishaan sells it for ₹33. What is the markup in percent?
  33. 33.One handmade card costs ₹40 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One cup of lemonade costs ₹50 to make and Tara sells it for ₹55. What is the markup in percent?
  35. 35.One cupcake costs ₹16 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One jute bag costs ₹52 to make and Tara sells it for ₹78. What is the markup in percent?
  37. 37.One handmade card costs ₹10 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  38. 38.One friendship band costs ₹60 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹37 to make and Vihaan sells it for ₹74. What is the markup in percent?
  40. 40.One handmade card costs ₹40 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 6
  2. 10 rupees
  3. 10
  4. 66
  5. 20
  6. 25
  7. 66
  8. 10
  9. 33
  10. cost + a markup
  11. 20
  12. 6
  13. 66
  14. 44
  15. a loss
  16. 50
  17. what buyers will pay
  18. 20
  19. 55
  20. 42
  21. 18
  22. 60
  23. 11
  24. 94
  25. 48
  26. 78
  27. 9
  28. 100
  29. 45
  30. 44
  31. 50
  32. 10
  33. 50
  34. 10
  35. 24
  36. 50
  37. 11
  38. 90
  39. 100
  40. 44

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