← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 869 · 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 paper bookmark costs ₹17 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹40 to make and Vihaan sells it for ₹44. What is the markup in percent?
  3. 3.One clay diya costs ₹56 to make and Aarav sells it for ₹84. What is the markup in percent?
  4. 4.One painted pebble costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
  6. 6.One paper bookmark costs ₹44 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One cupcake costs ₹48 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  8. 8.One friendship band costs ₹17 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  9. 9.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  10. 10.One potted plant costs ₹20 to make and Tara sells it for ₹25. What is the markup in percent?
  11. 11.One fruit cup costs ₹16 to make. Kabir adds a 50% markup. What is the profit on one (in ₹)?
  12. 12.One glass of chai costs ₹25 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹58 to make and Kavya sells it for ₹87. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹52 to make and Aarav sells it for ₹65. What is the markup in percent?
  15. 15.One clay diya costs ₹40 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
  16. 16.One jute bag costs ₹10 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹50 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  18. 18.One handmade card costs ₹56 to make. Aarav adds a 25% markup. What is the selling price (in ₹)?
  19. 19.One jute bag costs ₹55 to make and Ishaan sells it for ₹66. What is the markup in percent?
  20. 20.One handmade card costs ₹60 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  21. 21.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  22. 22.One fruit cup costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  23. 23.One potted plant costs ₹25 to make and Ishaan sells it for ₹30. What is the markup in percent?
  24. 24.One painted pebble costs ₹46 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One friendship band costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One potted plant costs ₹25 to make and Meera sells it for ₹30. What is the markup in percent?
  27. 27.One glass of chai costs ₹20 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One bag of popcorn costs ₹20 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  29. 29.One cupcake costs ₹23 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One painted pebble costs ₹37 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹41 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One bag of popcorn costs ₹38 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  34. 34.One glass of chai costs ₹34 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One paper bookmark costs ₹40 to make and Diya sells it for ₹44. What is the markup in percent?
  36. 36.One friendship band costs ₹38 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One glass of chai costs ₹31 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹10 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹30 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  40. 40.One bag of popcorn costs ₹49 to make and Vihaan sells it for ₹98. What is the markup in percent?

Answer key

  1. 17
  2. 10
  3. 50
  4. 11
  5. cost + a markup
  6. 11
  7. 24
  8. 34
  9. a loss
  10. 25
  11. 8
  12. 30
  13. 50
  14. 25
  15. 48
  16. 1
  17. 75
  18. 70
  19. 20
  20. 72
  21. what buyers will pay
  22. 10
  23. 20
  24. 23
  25. 2
  26. 20
  27. 40
  28. 2
  29. 46
  30. 37
  31. 41
  32. 38
  33. 10 rupees
  34. 51
  35. 10
  36. 19
  37. 62
  38. 10
  39. 33
  40. 100

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