← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 842 · 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 glass of chai costs ₹34 to make and Farhan sells it for ₹51. What is the markup in percent?
  2. 2.📉 A price below the cost leads to… (a) a profit (b) break-even (c) free stock (d) a loss
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost − a markup (c) guess any price (d) cost + a markup
  4. 4.One potted plant costs ₹32 to make and Vihaan sells it for ₹48. What is the markup in percent?
  5. 5.One potted plant costs ₹54 to make and Dev sells it for ₹108. What is the markup in percent?
  6. 6.One cupcake costs ₹20 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  7. 7.One potted plant costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹30 to make and Rohan sells it for ₹45. What is the markup in percent?
  9. 9.One glass of chai costs ₹60 to make and Ishaan sells it for ₹66. What is the markup in percent?
  10. 10.One friendship band costs ₹50 to make and Ishaan sells it for ₹60. What is the markup in percent?
  11. 11.One paper bookmark costs ₹25 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹10 to make and Kabir sells it for ₹11. What is the markup in percent?
  13. 13.One bag of popcorn costs ₹20 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One friendship band costs ₹44 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One potted plant costs ₹60 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  16. 16.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  17. 17.One fruit cup costs ₹48 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One fruit cup costs ₹15 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  19. 19.One potted plant costs ₹36 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  20. 20.One paper bookmark costs ₹40 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹60 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One potted plant costs ₹50 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One painted pebble costs ₹45 to make and Kabir sells it for ₹54. What is the markup in percent?
  24. 24.One bag of popcorn costs ₹50 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹40 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One paper bookmark costs ₹30 to make and Vihaan sells it for ₹33. What is the markup in percent?
  27. 27.One potted plant costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One painted pebble costs ₹40 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One friendship band costs ₹25 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  30. 30.One paper bookmark costs ₹56 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One friendship band costs ₹26 to make and Ananya sells it for ₹39. What is the markup in percent?
  32. 32.🤔 Besides cost, what should a price think about? (a) the weather only (b) your favourite number (c) nothing else (d) what buyers will pay
  33. 33.One paper bookmark costs ₹10 to make. Tara adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One paper bookmark costs ₹10 to make and Nisha sells it for ₹11. What is the markup in percent?
  35. 35.One cup of lemonade costs ₹24 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One glass of chai costs ₹56 to make and Ishaan sells it for ₹84. What is the markup in percent?
  37. 37.One clay diya costs ₹22 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  39. 39.One cup of lemonade costs ₹20 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One handmade card costs ₹60 to make and Joseph sells it for ₹90. What is the markup in percent?

Answer key

  1. 50
  2. a loss
  3. cost + a markup
  4. 50
  5. 100
  6. 4
  7. 12
  8. 50
  9. 10
  10. 20
  11. 30
  12. 10
  13. 2
  14. 55
  15. 90
  16. 10 rupees
  17. 72
  18. 3
  19. 45
  20. 40
  21. 30
  22. 55
  23. 20
  24. 55
  25. 4
  26. 10
  27. 66
  28. 4
  29. 30
  30. 14
  31. 50
  32. what buyers will pay
  33. 15
  34. 10
  35. 48
  36. 50
  37. 44
  38. 10
  39. 22
  40. 50

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