← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 931 · 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 glass of chai costs ₹18 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  2. 2.One painted pebble costs ₹18 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  4. 4.One glass of chai costs ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  5. 5.One friendship band costs ₹30 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  6. 6.One bag of popcorn costs ₹40 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹16 to make and Tara sells it for ₹20. What is the markup in percent?
  8. 8.📉 A price below the cost leads to… (a) a loss (b) a profit (c) break-even (d) free stock
  9. 9.One painted pebble costs ₹15 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  10. 10.One paper bookmark costs ₹10 to make and Saanvi sells it for ₹11. What is the markup in percent?
  11. 11.One bag of popcorn costs ₹50 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One handmade card costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One fruit cup costs ₹60 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  14. 14.One potted plant costs ₹35 to make. Vihaan adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One paper bookmark costs ₹16 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  16. 16.One clay diya costs ₹16 to make. Arjun adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One potted plant costs ₹28 to make and Dev sells it for ₹56. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹20 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  19. 19.One handmade card costs ₹54 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One painted pebble costs ₹12 to make. Diya adds a 25% markup. What is the profit on one (in ₹)?
  21. 21.One jute bag costs ₹36 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  22. 22.One fruit cup costs ₹20 to make. Aarav adds a 20% markup. What is the selling price (in ₹)?
  23. 23.One paper bookmark costs ₹20 to make. Diya adds a 10% markup. What is the profit on one (in ₹)?
  24. 24.One clay diya costs ₹10 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One potted plant costs ₹16 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  26. 26.One glass of chai costs ₹28 to make and Rohan sells it for ₹35. What is the markup in percent?
  27. 27.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  28. 28.One potted plant costs ₹33 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One clay diya costs ₹14 to make and Gurpreet sells it for ₹21. What is the markup in percent?
  30. 30.One cupcake costs ₹50 to make. Tara adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One fruit cup costs ₹10 to make. Joseph adds a 10% markup. What is the selling price (in ₹)?
  32. 32.One glass of chai costs ₹45 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹21 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹57 to make and Gurpreet sells it for ₹114. What is the markup in percent?
  35. 35.One potted plant costs ₹51 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹20 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One bag of popcorn costs ₹40 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  38. 38.One jute bag costs ₹60 to make and Kavya sells it for ₹72. What is the markup in percent?
  39. 39.One glass of chai costs ₹19 to make and Kavya sells it for ₹38. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹30 to make. Saanvi adds a 10% markup. What is the selling price (in ₹)?

Answer key

  1. 9
  2. 27
  3. what buyers will pay
  4. 5
  5. 15
  6. 50
  7. 25
  8. a loss
  9. 15
  10. 10
  11. 55
  12. 33
  13. 12
  14. 42
  15. 20
  16. 4
  17. 100
  18. 2
  19. 27
  20. 3
  21. 9
  22. 24
  23. 2
  24. 1
  25. 8
  26. 25
  27. cost + a markup
  28. 66
  29. 50
  30. 100
  31. 11
  32. 54
  33. 42
  34. 100
  35. 51
  36. 2
  37. 48
  38. 20
  39. 100
  40. 33

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