← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 872 · 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 jute bag costs ₹10 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  2. 2.One clay diya costs ₹20 to make and Kavya sells it for ₹24. What is the markup in percent?
  3. 3.One clay diya costs ₹16 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One painted pebble costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  5. 5.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 5 rupees (c) 10 rupees (d) 50 rupees
  6. 6.One bag of popcorn costs ₹55 to make and Kabir sells it for ₹110. What is the markup in percent?
  7. 7.One painted pebble costs ₹24 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One handmade card costs ₹41 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  9. 9.One handmade card costs ₹30 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One fruit cup costs ₹20 to make and Arjun sells it for ₹24. What is the markup in percent?
  11. 11.One cupcake costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹20 to make. Joseph adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One fruit cup costs ₹56 to make and Arjun sells it for ₹84. What is the markup in percent?
  14. 14.One clay diya costs ₹40 to make and Kavya sells it for ₹50. What is the markup in percent?
  15. 15.One paper bookmark costs ₹60 to make and Rohan sells it for ₹72. What is the markup in percent?
  16. 16.One glass of chai costs ₹25 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One clay diya costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹44 to make and Dev sells it for ₹55. What is the markup in percent?
  19. 19.One handmade card costs ₹26 to make and Farhan sells it for ₹52. What is the markup in percent?
  20. 20.One friendship band costs ₹55 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One handmade card costs ₹40 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  22. 22.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) the weather only (d) what buyers will pay
  23. 23.One fruit cup costs ₹18 to make. Arjun adds a 50% markup. What is the selling price (in ₹)?
  24. 24.One friendship band costs ₹54 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  25. 25.One glass of chai costs ₹52 to make and Joseph sells it for ₹104. What is the markup in percent?
  26. 26.One cup of lemonade costs ₹47 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹20 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One glass of chai costs ₹26 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One paper bookmark costs ₹10 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹20 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One bag of popcorn costs ₹16 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  32. 32.One potted plant costs ₹60 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹46 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  34. 34.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  35. 35.One clay diya costs ₹30 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  36. 36.One clay diya costs ₹35 to make. Nisha adds a 100% markup. What is the profit on one (in ₹)?
  37. 37.One potted plant costs ₹60 to make and Diya sells it for ₹66. What is the markup in percent?
  38. 38.One paper bookmark costs ₹20 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹10 to make and Kavya sells it for ₹11. What is the markup in percent?
  40. 40.One painted pebble costs ₹22 to make. Diya adds a 50% markup. What is the selling price (in ₹)?

Answer key

  1. 2
  2. 20
  3. 8
  4. 44
  5. 10 rupees
  6. 100
  7. 30
  8. 41
  9. 3
  10. 20
  11. 11
  12. 10
  13. 50
  14. 25
  15. 20
  16. 30
  17. 20
  18. 25
  19. 100
  20. 11
  21. 48
  22. what buyers will pay
  23. 27
  24. 81
  25. 100
  26. 47
  27. 24
  28. 52
  29. 5
  30. 5
  31. 20
  32. 90
  33. 92
  34. cost + a markup
  35. 6
  36. 35
  37. 10
  38. 22
  39. 10
  40. 33

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