← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 820 · 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) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  2. 2.One paper bookmark costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  3. 3.One painted pebble costs ₹14 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹33 to make. Riya adds a 100% markup. What is the profit on one (in ₹)?
  5. 5.One bag of popcorn costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  6. 6.One glass of chai costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  7. 7.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 10 rupees (d) 20 rupees
  8. 8.One handmade card costs ₹34 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One jute bag costs ₹50 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  11. 11.One glass of chai costs ₹14 to make and Kabir sells it for ₹28. What is the markup in percent?
  12. 12.One bag of popcorn costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One glass of chai costs ₹40 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One cupcake costs ₹56 to make and Nisha sells it for ₹112. What is the markup in percent?
  15. 15.One cupcake costs ₹40 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  16. 16.One cupcake costs ₹30 to make and Gurpreet sells it for ₹36. What is the markup in percent?
  17. 17.One cupcake costs ₹35 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  18. 18.One paper bookmark costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
  19. 19.One bag of popcorn costs ₹32 to make and Arjun sells it for ₹40. What is the markup in percent?
  20. 20.One paper bookmark costs ₹28 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  21. 21.One friendship band costs ₹35 to make and Rohan sells it for ₹42. What is the markup in percent?
  22. 22.One jute bag costs ₹50 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One cup of lemonade costs ₹48 to make and Kavya sells it for ₹96. What is the markup in percent?
  24. 24.One jute bag costs ₹18 to make. Farhan adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One bag of popcorn costs ₹24 to make. Zoya adds a 50% markup. What is the selling price (in ₹)?
  26. 26.One cupcake costs ₹20 to make and Saanvi sells it for ₹22. What is the markup in percent?
  27. 27.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  28. 28.One bag of popcorn costs ₹56 to make. Vihaan adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One fruit cup costs ₹26 to make and Diya sells it for ₹39. What is the markup in percent?
  30. 30.One bag of popcorn costs ₹36 to make. Ishaan adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One painted pebble costs ₹60 to make. Saanvi adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹25 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹43 to make and Lakshmi sells it for ₹86. What is the markup in percent?
  36. 36.One fruit cup costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹20 to make. Riya adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One glass of chai costs ₹10 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  40. 40.One clay diya costs ₹46 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. cost + a markup
  2. 22
  3. 7
  4. 33
  5. 1
  6. 10
  7. 10 rupees
  8. 34
  9. 55
  10. 20
  11. 100
  12. 55
  13. 8
  14. 100
  15. 4
  16. 20
  17. 7
  18. 25
  19. 25
  20. 35
  21. 20
  22. 55
  23. 100
  24. 36
  25. 36
  26. 10
  27. a loss
  28. 70
  29. 50
  30. 36
  31. 24
  32. 2
  33. 6
  34. 30
  35. 100
  36. 44
  37. 4
  38. 11
  39. 10
  40. 69

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