← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 784 · 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.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  2. 2.One bag of popcorn costs ₹50 to make and Kabir sells it for ₹55. What is the markup in percent?
  3. 3.One fruit cup costs ₹12 to make and Riya sells it for ₹15. What is the markup in percent?
  4. 4.One potted plant costs ₹40 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹20 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One clay diya costs ₹16 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  7. 7.One potted plant costs ₹36 to make and Riya sells it for ₹72. What is the markup in percent?
  8. 8.One fruit cup costs ₹38 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One glass of chai costs ₹14 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One cup of lemonade costs ₹50 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  11. 11.One clay diya costs ₹37 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  12. 12.One potted plant costs ₹16 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹48 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹20 to make and Zoya sells it for ₹30. What is the markup in percent?
  15. 15.📉 A price below the cost leads to… (a) a loss (b) free stock (c) a profit (d) break-even
  16. 16.One fruit cup costs ₹20 to make and Joseph sells it for ₹24. What is the markup in percent?
  17. 17.One fruit cup costs ₹38 to make and Ishaan sells it for ₹57. What is the markup in percent?
  18. 18.One jute bag costs ₹34 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One cup of lemonade costs ₹10 to make and Aarav sells it for ₹11. What is the markup in percent?
  20. 20.One jute bag costs ₹10 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹56 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One clay diya costs ₹16 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  24. 24.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 50 rupees (d) 5 rupees
  25. 25.One potted plant costs ₹20 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One handmade card costs ₹54 to make and Riya sells it for ₹81. What is the markup in percent?
  27. 27.One cupcake costs ₹30 to make and Saanvi sells it for ₹33. What is the markup in percent?
  28. 28.One cupcake costs ₹44 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹30 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  31. 31.One potted plant costs ₹44 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One bag of popcorn costs ₹24 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹56 to make and Arjun sells it for ₹84. What is the markup in percent?
  34. 34.One clay diya costs ₹45 to make and Gurpreet sells it for ₹54. What is the markup in percent?
  35. 35.One bag of popcorn costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹30 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One cup of lemonade costs ₹35 to make and Nisha sells it for ₹42. What is the markup in percent?
  38. 38.One potted plant costs ₹50 to make and Vihaan sells it for ₹55. What is the markup in percent?
  39. 39.One glass of chai costs ₹30 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One friendship band costs ₹25 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?

Answer key

  1. cost + a markup
  2. 10
  3. 25
  4. 40
  5. 5
  6. 24
  7. 100
  8. 38
  9. 21
  10. 75
  11. 74
  12. 24
  13. 60
  14. 50
  15. a loss
  16. 20
  17. 50
  18. 51
  19. 10
  20. 1
  21. 28
  22. 24
  23. 10
  24. 10 rupees
  25. 22
  26. 50
  27. 10
  28. 66
  29. 33
  30. 10
  31. 66
  32. 36
  33. 50
  34. 20
  35. 66
  36. 30
  37. 20
  38. 10
  39. 3
  40. 25

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