← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 851 · 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 potted plant costs ₹60 to make and Kavya sells it for ₹75. What is the markup in percent?
  2. 2.One glass of chai costs ₹38 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  4. 4.One clay diya costs ₹10 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  5. 5.One jute bag costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One clay diya costs ₹38 to make and Lakshmi sells it for ₹57. What is the markup in percent?
  7. 7.One friendship band costs ₹21 to make. Arjun adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  9. 9.One cup of lemonade costs ₹10 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One clay diya costs ₹30 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One paper bookmark costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One painted pebble costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹52 to make and Kavya sells it for ₹65. What is the markup in percent?
  14. 14.One friendship band costs ₹55 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One cupcake costs ₹12 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?
  16. 16.🤔 Besides cost, what should a price think about? (a) nothing else (b) what buyers will pay (c) your favourite number (d) the weather only
  17. 17.One bag of popcorn costs ₹16 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹55 to make and Riya sells it for ₹66. What is the markup in percent?
  19. 19.One clay diya costs ₹50 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One handmade card costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  21. 21.One handmade card costs ₹12 to make and Meera sells it for ₹18. What is the markup in percent?
  22. 22.One jute bag costs ₹25 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹14 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One bag of popcorn costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  25. 25.One paper bookmark costs ₹45 to make and Joseph sells it for ₹54. What is the markup in percent?
  26. 26.One painted pebble costs ₹55 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹14 to make. Vihaan adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹28 to make and Riya sells it for ₹56. What is the markup in percent?
  29. 29.One jute bag costs ₹51 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One glass of chai costs ₹18 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹36 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One glass of chai costs ₹24 to make and Meera sells it for ₹30. What is the markup in percent?
  33. 33.One painted pebble costs ₹20 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One handmade card costs ₹56 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  35. 35.One glass of chai costs ₹25 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  36. 36.One cupcake costs ₹60 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹30 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹54 to make and Farhan sells it for ₹108. What is the markup in percent?
  39. 39.One cup of lemonade costs ₹14 to make and Rohan sells it for ₹21. What is the markup in percent?
  40. 40.One clay diya costs ₹45 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 76
  3. 10 rupees
  4. 15
  5. 66
  6. 50
  7. 21
  8. a loss
  9. 12
  10. 60
  11. 55
  12. 24
  13. 25
  14. 66
  15. 24
  16. what buyers will pay
  17. 20
  18. 20
  19. 100
  20. 66
  21. 50
  22. 50
  23. 21
  24. 10
  25. 20
  26. 11
  27. 21
  28. 100
  29. 51
  30. 36
  31. 36
  32. 25
  33. 20
  34. 70
  35. 50
  36. 12
  37. 3
  38. 100
  39. 50
  40. 54

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