← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 89 · 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 clay diya costs ₹35 to make. Kavya adds a 20% markup. What is the selling price (in ₹)?
  2. 2.One bag of popcorn costs ₹40 to make and Kavya sells it for ₹44. What is the markup in percent?
  3. 3.One handmade card costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹50 to make. Riya adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One glass of chai costs ₹52 to make and Aarav sells it for ₹78. What is the markup in percent?
  6. 6.📉 A price below the cost leads to… (a) break-even (b) a loss (c) a profit (d) free stock
  7. 7.One cup of lemonade costs ₹29 to make and Ananya sells it for ₹58. What is the markup in percent?
  8. 8.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) guess any price (d) cost − a markup
  9. 9.One handmade card costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One paper bookmark costs ₹44 to make and Meera sells it for ₹55. What is the markup in percent?
  11. 11.One paper bookmark costs ₹49 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  12. 12.One friendship band costs ₹18 to make. Zoya adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One painted pebble costs ₹50 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹40 to make and Riya sells it for ₹48. What is the markup in percent?
  15. 15.One potted plant costs ₹52 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One fruit cup costs ₹10 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  17. 17.One glass of chai costs ₹16 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  18. 18.One painted pebble costs ₹58 to make and Ananya sells it for ₹87. What is the markup in percent?
  19. 19.One fruit cup costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  20. 20.One jute bag costs ₹21 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  21. 21.One bag of popcorn costs ₹30 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One cupcake costs ₹19 to make and Kabir sells it for ₹38. What is the markup in percent?
  23. 23.One fruit cup costs ₹10 to make and Rohan sells it for ₹11. What is the markup in percent?
  24. 24.One potted plant costs ₹40 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One friendship band costs ₹30 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One cupcake costs ₹55 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  27. 27.One painted pebble costs ₹20 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹43 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹42 to make and Kavya sells it for ₹84. What is the markup in percent?
  30. 30.One fruit cup costs ₹53 to make and Ananya sells it for ₹106. What is the markup in percent?
  31. 31.One paper bookmark costs ₹56 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One clay diya costs ₹27 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One cupcake costs ₹46 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  35. 35.One painted pebble costs ₹10 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  36. 36.One cup of lemonade costs ₹50 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  37. 37.One handmade card costs ₹10 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One fruit cup costs ₹10 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One friendship band costs ₹45 to make. Ishaan adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹30 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 42
  2. 10
  3. 1
  4. 5
  5. 50
  6. a loss
  7. 100
  8. cost + a markup
  9. 6
  10. 25
  11. 49
  12. 9
  13. 10
  14. 20
  15. 65
  16. 11
  17. 4
  18. 50
  19. 3
  20. 21
  21. 33
  22. 100
  23. 10
  24. 50
  25. 6
  26. 55
  27. 25
  28. 86
  29. 100
  30. 100
  31. 84
  32. 33
  33. 27
  34. 46
  35. 12
  36. 55
  37. 20
  38. 12
  39. 90
  40. 33

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