← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 901 · 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 bag of popcorn costs ₹12 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹16 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🏷️ Cost-plus pricing means… (a) copy a rival (b) cost + a markup (c) cost − a markup (d) guess any price
  4. 4.One cupcake costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One clay diya costs ₹55 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹49 to make and Rohan sells it for ₹98. What is the markup in percent?
  7. 7.📉 A price below the cost leads to… (a) break-even (b) free stock (c) a profit (d) a loss
  8. 8.One jute bag costs ₹12 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  9. 9.One clay diya costs ₹15 to make and Kavya sells it for ₹30. What is the markup in percent?
  10. 10.One painted pebble costs ₹39 to make and Aarav sells it for ₹78. What is the markup in percent?
  11. 11.🤔 Besides cost, what should a price think about? (a) your favourite number (b) nothing else (c) what buyers will pay (d) the weather only
  12. 12.One potted plant costs ₹40 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹24 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  14. 14.🧮 A 50% markup on a ₹20 cost adds… (a) 20 rupees (b) 10 rupees (c) 5 rupees (d) 50 rupees
  15. 15.One bag of popcorn costs ₹57 to make and Rohan sells it for ₹114. What is the markup in percent?
  16. 16.One clay diya costs ₹60 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One jute bag costs ₹60 to make and Vihaan sells it for ₹75. What is the markup in percent?
  18. 18.One bag of popcorn costs ₹22 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹11 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
  20. 20.One cupcake costs ₹16 to make and Ananya sells it for ₹32. What is the markup in percent?
  21. 21.One friendship band costs ₹60 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One fruit cup costs ₹60 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One friendship band costs ₹22 to make and Nisha sells it for ₹33. What is the markup in percent?
  24. 24.One clay diya costs ₹58 to make and Joseph sells it for ₹87. What is the markup in percent?
  25. 25.One jute bag costs ₹32 to make and Gurpreet sells it for ₹64. What is the markup in percent?
  26. 26.One clay diya costs ₹35 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  27. 27.One painted pebble costs ₹26 to make and Ananya sells it for ₹52. What is the markup in percent?
  28. 28.One cupcake costs ₹20 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One painted pebble costs ₹30 to make and Ishaan sells it for ₹36. What is the markup in percent?
  30. 30.One cup of lemonade costs ₹50 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹15 to make and Vihaan sells it for ₹18. What is the markup in percent?
  32. 32.One painted pebble costs ₹11 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹40 to make and Rohan sells it for ₹50. What is the markup in percent?
  34. 34.One glass of chai costs ₹48 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹42 to make and Dev sells it for ₹84. What is the markup in percent?
  36. 36.One jute bag costs ₹15 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One cupcake costs ₹48 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  38. 38.One cup of lemonade costs ₹24 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One bag of popcorn costs ₹47 to make. Aarav adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One potted plant costs ₹15 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?

Answer key

  1. 15
  2. 24
  3. cost + a markup
  4. 4
  5. 11
  6. 100
  7. a loss
  8. 15
  9. 100
  10. 100
  11. what buyers will pay
  12. 40
  13. 6
  14. 10 rupees
  15. 100
  16. 6
  17. 25
  18. 33
  19. 11
  20. 100
  21. 66
  22. 6
  23. 50
  24. 50
  25. 100
  26. 42
  27. 100
  28. 30
  29. 20
  30. 55
  31. 20
  32. 22
  33. 25
  34. 24
  35. 100
  36. 18
  37. 12
  38. 30
  39. 94
  40. 3

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