← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 917 · 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 handmade card costs ₹20 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  2. 2.One paper bookmark costs ₹36 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  3. 3.One cup of lemonade costs ₹10 to make and Saanvi sells it for ₹20. What is the markup in percent?
  4. 4.One handmade card costs ₹40 to make. Saanvi adds a 20% markup. What is the selling price (in ₹)?
  5. 5.One cup of lemonade costs ₹60 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹10 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One handmade card costs ₹12 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
  8. 8.One cup of lemonade costs ₹45 to make. Kabir adds a 20% markup. What is the selling price (in ₹)?
  9. 9.One cup of lemonade costs ₹40 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One glass of chai costs ₹54 to make and Aarav sells it for ₹108. What is the markup in percent?
  11. 11.One clay diya costs ₹32 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One friendship band costs ₹56 to make and Arjun sells it for ₹70. What is the markup in percent?
  13. 13.One potted plant costs ₹30 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?
  14. 14.One jute bag costs ₹20 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?
  15. 15.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) the weather only (d) nothing else
  16. 16.One glass of chai costs ₹52 to make. Kabir adds a 100% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  18. 18.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost − a markup (d) cost + a markup
  19. 19.One cupcake costs ₹40 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  20. 20.One painted pebble costs ₹39 to make and Riya sells it for ₹78. What is the markup in percent?
  21. 21.One potted plant costs ₹60 to make. Nisha adds a 20% markup. What is the profit on one (in ₹)?
  22. 22.One painted pebble costs ₹37 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One glass of chai costs ₹48 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
  24. 24.One clay diya costs ₹60 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  25. 25.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 5 rupees (c) 20 rupees (d) 10 rupees
  26. 26.One paper bookmark costs ₹48 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹24 to make and Nisha sells it for ₹36. What is the markup in percent?
  28. 28.One cup of lemonade costs ₹52 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹26 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  30. 30.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  31. 31.One handmade card costs ₹50 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One painted pebble costs ₹12 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One paper bookmark costs ₹50 to make and Farhan sells it for ₹100. What is the markup in percent?
  34. 34.One painted pebble costs ₹26 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹50 to make and Nisha sells it for ₹55. What is the markup in percent?
  36. 36.One handmade card costs ₹42 to make and Ananya sells it for ₹63. What is the markup in percent?
  37. 37.One painted pebble costs ₹54 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹35 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One clay diya costs ₹30 to make and Vihaan sells it for ₹36. What is the markup in percent?
  40. 40.One handmade card costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 22
  2. 45
  3. 100
  4. 48
  5. 66
  6. 11
  7. 15
  8. 54
  9. 48
  10. 100
  11. 8
  12. 25
  13. 3
  14. 22
  15. what buyers will pay
  16. 52
  17. 48
  18. cost + a markup
  19. 80
  20. 100
  21. 12
  22. 74
  23. 60
  24. 66
  25. 10 rupees
  26. 12
  27. 50
  28. 78
  29. 39
  30. a loss
  31. 55
  32. 15
  33. 100
  34. 13
  35. 10
  36. 50
  37. 27
  38. 7
  39. 20
  40. 1

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