← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 94 · 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 ₹16 to make and Aarav sells it for ₹20. What is the markup in percent?
  2. 2.One fruit cup costs ₹48 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  3. 3.One glass of chai costs ₹40 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 50 rupees (d) 10 rupees
  5. 5.One handmade card costs ₹18 to make and Ananya sells it for ₹27. What is the markup in percent?
  6. 6.One fruit cup costs ₹35 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  7. 7.One potted plant costs ₹30 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One potted plant costs ₹18 to make and Tara sells it for ₹27. What is the markup in percent?
  9. 9.One glass of chai costs ₹20 to make. Kabir adds a 20% markup. What is the profit on one (in ₹)?
  10. 10.One jute bag costs ₹20 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One clay diya costs ₹32 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One friendship band costs ₹12 to make. Joseph adds a 25% markup. What is the selling price (in ₹)?
  13. 13.One bag of popcorn costs ₹20 to make and Rohan sells it for ₹24. What is the markup in percent?
  14. 14.One jute bag costs ₹25 to make and Diya sells it for ₹30. What is the markup in percent?
  15. 15.One potted plant costs ₹35 to make. Nisha adds a 100% markup. What is the selling price (in ₹)?
  16. 16.One glass of chai costs ₹44 to make. Saanvi adds a 25% markup. What is the profit on one (in ₹)?
  17. 17.One painted pebble costs ₹28 to make and Riya sells it for ₹42. What is the markup in percent?
  18. 18.One cup of lemonade costs ₹50 to make. Joseph adds a 20% markup. What is the selling price (in ₹)?
  19. 19.One clay diya costs ₹50 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  20. 20.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) what buyers will pay (d) nothing else
  21. 21.One bag of popcorn costs ₹20 to make. Ananya adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One friendship band costs ₹20 to make. Aarav adds a 10% markup. What is the profit on one (in ₹)?
  23. 23.One fruit cup costs ₹26 to make and Ishaan sells it for ₹39. What is the markup in percent?
  24. 24.One glass of chai costs ₹56 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  25. 25.One glass of chai costs ₹22 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  26. 26.One potted plant costs ₹46 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  27. 27.One friendship band costs ₹55 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One handmade card costs ₹50 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  29. 29.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  30. 30.One handmade card costs ₹56 to make and Diya sells it for ₹70. What is the markup in percent?
  31. 31.One friendship band costs ₹50 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹44 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹60 to make. Aarav adds a 10% markup. What is the selling price (in ₹)?
  34. 34.One bag of popcorn costs ₹30 to make. Meera adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One clay diya costs ₹46 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹50 to make and Kabir sells it for ₹60. What is the markup in percent?
  37. 37.One glass of chai costs ₹54 to make. Ishaan adds a 50% markup. What is the profit on one (in ₹)?
  38. 38.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  39. 39.One glass of chai costs ₹56 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  40. 40.One jute bag costs ₹50 to make. Meera adds a 20% markup. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 72
  3. 40
  4. 10 rupees
  5. 50
  6. 42
  7. 30
  8. 50
  9. 4
  10. 2
  11. 8
  12. 15
  13. 20
  14. 20
  15. 70
  16. 11
  17. 50
  18. 60
  19. 100
  20. what buyers will pay
  21. 22
  22. 2
  23. 50
  24. 28
  25. 44
  26. 69
  27. 66
  28. 60
  29. cost + a markup
  30. 25
  31. 10
  32. 11
  33. 66
  34. 36
  35. 23
  36. 20
  37. 27
  38. a loss
  39. 56
  40. 60

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