← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 786 · 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 fruit cup costs ₹52 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One handmade card costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  3. 3.One potted plant costs ₹59 to make and Joseph sells it for ₹118. What is the markup in percent?
  4. 4.One handmade card costs ₹54 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One glass of chai costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One handmade card costs ₹16 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One cup of lemonade costs ₹24 to make and Ishaan sells it for ₹30. What is the markup in percent?
  8. 8.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  9. 9.One potted plant costs ₹18 to make and Aarav sells it for ₹27. What is the markup in percent?
  10. 10.One glass of chai costs ₹55 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  11. 11.One painted pebble costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One paper bookmark costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.📉 A price below the cost leads to… (a) a profit (b) a loss (c) free stock (d) break-even
  14. 14.One cup of lemonade costs ₹23 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹40 to make and Meera sells it for ₹60. What is the markup in percent?
  16. 16.One bag of popcorn costs ₹52 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹30 to make and Joseph sells it for ₹33. What is the markup in percent?
  18. 18.One handmade card costs ₹30 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One clay diya costs ₹28 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One paper bookmark costs ₹47 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹36 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  23. 23.One bag of popcorn costs ₹50 to make and Joseph sells it for ₹60. What is the markup in percent?
  24. 24.One friendship band costs ₹10 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One cupcake costs ₹60 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹50 to make and Tara sells it for ₹55. What is the markup in percent?
  27. 27.One fruit cup costs ₹60 to make. Kavya adds a 20% markup. What is the profit on one (in ₹)?
  28. 28.One fruit cup costs ₹30 to make and Nisha sells it for ₹33. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹44 to make and Aarav sells it for ₹66. What is the markup in percent?
  30. 30.One handmade card costs ₹10 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One bag of popcorn costs ₹60 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One potted plant costs ₹58 to make and Meera sells it for ₹116. What is the markup in percent?
  33. 33.One jute bag costs ₹40 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  34. 34.One jute bag costs ₹15 to make and Meera sells it for ₹30. What is the markup in percent?
  35. 35.One glass of chai costs ₹14 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹48 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  37. 37.One glass of chai costs ₹50 to make. Vihaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹20 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  40. 40.One glass of chai costs ₹56 to make. Tara adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 13
  2. 10
  3. 100
  4. 81
  5. 55
  6. 20
  7. 25
  8. cost + a markup
  9. 50
  10. 66
  11. 55
  12. 6
  13. a loss
  14. 46
  15. 50
  16. 13
  17. 10
  18. 3
  19. 7
  20. 94
  21. 66
  22. 36
  23. 20
  24. 1
  25. 6
  26. 10
  27. 12
  28. 10
  29. 50
  30. 11
  31. 12
  32. 100
  33. 48
  34. 100
  35. 21
  36. 72
  37. 25
  38. 24
  39. 15
  40. 70

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