← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 912 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 5 rupees (d) 20 rupees
  2. 2.One potted plant costs ₹40 to make and Nisha sells it for ₹44. What is the markup in percent?
  3. 3.One handmade card costs ₹60 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  4. 4.One glass of chai costs ₹10 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  5. 5.One handmade card costs ₹12 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  7. 7.One painted pebble costs ₹36 to make and Gurpreet sells it for ₹45. What is the markup in percent?
  8. 8.One friendship band costs ₹55 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  9. 9.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) what buyers will pay (d) your favourite number
  10. 10.One paper bookmark costs ₹54 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One cupcake costs ₹21 to make and Zoya sells it for ₹42. What is the markup in percent?
  12. 12.One handmade card costs ₹32 to make. Dev adds a 50% markup. What is the selling price (in ₹)?
  13. 13.One painted pebble costs ₹32 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  14. 14.One paper bookmark costs ₹60 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹52 to make. Kavya adds a 25% markup. What is the selling price (in ₹)?
  16. 16.📉 A price below the cost leads to… (a) a loss (b) free stock (c) break-even (d) a profit
  17. 17.One fruit cup costs ₹60 to make and Ananya sells it for ₹90. What is the markup in percent?
  18. 18.One handmade card costs ₹44 to make and Vihaan sells it for ₹66. What is the markup in percent?
  19. 19.One painted pebble costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  20. 20.One clay diya costs ₹20 to make. Riya adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One glass of chai costs ₹36 to make. Aarav adds a 50% markup. What is the profit on one (in ₹)?
  22. 22.One jute bag costs ₹35 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  23. 23.One cup of lemonade costs ₹10 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  24. 24.One glass of chai costs ₹40 to make. Saanvi adds a 25% markup. What is the selling price (in ₹)?
  25. 25.One clay diya costs ₹20 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  26. 26.One bag of popcorn costs ₹12 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One jute bag costs ₹46 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹44 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  29. 29.One cupcake costs ₹30 to make and Aarav sells it for ₹36. What is the markup in percent?
  30. 30.One fruit cup costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  31. 31.One handmade card costs ₹53 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cupcake costs ₹45 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  33. 33.One glass of chai costs ₹60 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  34. 34.One jute bag costs ₹34 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹45 to make and Nisha sells it for ₹54. What is the markup in percent?
  36. 36.One jute bag costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One bag of popcorn costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  38. 38.One clay diya costs ₹15 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  39. 39.One clay diya costs ₹55 to make and Lakshmi sells it for ₹110. What is the markup in percent?
  40. 40.One jute bag costs ₹60 to make and Gurpreet sells it for ₹72. What is the markup in percent?

Answer key

  1. 10 rupees
  2. 10
  3. 75
  4. 11
  5. 18
  6. cost + a markup
  7. 25
  8. 66
  9. what buyers will pay
  10. 108
  11. 100
  12. 48
  13. 48
  14. 6
  15. 65
  16. a loss
  17. 50
  18. 50
  19. 66
  20. 24
  21. 18
  22. 7
  23. 12
  24. 50
  25. 4
  26. 3
  27. 92
  28. 55
  29. 20
  30. 10
  31. 106
  32. 9
  33. 12
  34. 51
  35. 20
  36. 70
  37. 6
  38. 18
  39. 100
  40. 20

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