← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 944 · 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 paper bookmark costs ₹44 to make. Lakshmi adds a 25% markup. What is the profit on one (in ₹)?
  2. 2.One bag of popcorn costs ₹60 to make and Joseph sells it for ₹66. What is the markup in percent?
  3. 3.One cupcake costs ₹40 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  4. 4.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
  5. 5.One glass of chai costs ₹48 to make. Kavya adds a 50% markup. What is the selling price (in ₹)?
  6. 6.🏷️ Cost-plus pricing means… (a) cost + a markup (b) cost − a markup (c) copy a rival (d) guess any price
  7. 7.One fruit cup costs ₹17 to make. Farhan adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One paper bookmark costs ₹24 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
  9. 9.One paper bookmark costs ₹10 to make. Diya adds a 20% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹12 to make and Joseph sells it for ₹15. What is the markup in percent?
  11. 11.📉 A price below the cost leads to… (a) a profit (b) free stock (c) break-even (d) a loss
  12. 12.One potted plant costs ₹30 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One glass of chai costs ₹48 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹24 to make and Arjun sells it for ₹48. What is the markup in percent?
  15. 15.One bag of popcorn costs ₹55 to make. Ishaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹56 to make. Meera adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One friendship band costs ₹15 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹40 to make. Kabir adds a 25% markup. What is the profit on one (in ₹)?
  19. 19.One friendship band costs ₹24 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One jute bag costs ₹40 to make. Dev adds a 25% markup. What is the selling price (in ₹)?
  21. 21.🤔 Besides cost, what should a price think about? (a) your favourite number (b) what buyers will pay (c) nothing else (d) the weather only
  22. 22.One friendship band costs ₹40 to make and Meera sells it for ₹44. What is the markup in percent?
  23. 23.One glass of chai costs ₹39 to make and Rohan sells it for ₹78. What is the markup in percent?
  24. 24.One bag of popcorn costs ₹40 to make and Aarav sells it for ₹44. What is the markup in percent?
  25. 25.One painted pebble costs ₹50 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  26. 26.One fruit cup costs ₹30 to make and Rohan sells it for ₹33. What is the markup in percent?
  27. 27.One fruit cup costs ₹28 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  28. 28.One cup of lemonade costs ₹48 to make and Vihaan sells it for ₹60. What is the markup in percent?
  29. 29.One handmade card costs ₹26 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.One friendship band costs ₹24 to make. Zoya adds a 25% markup. What is the profit on one (in ₹)?
  31. 31.One glass of chai costs ₹22 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  32. 32.One jute bag costs ₹38 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹40 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  34. 34.One bag of popcorn costs ₹28 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One friendship band costs ₹44 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One potted plant costs ₹24 to make. Tara adds a 25% markup. What is the selling price (in ₹)?
  37. 37.One clay diya costs ₹60 to make. Ishaan adds a 25% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹28 to make and Aarav sells it for ₹35. What is the markup in percent?
  39. 39.One paper bookmark costs ₹34 to make. Kabir adds a 100% markup. What is the selling price (in ₹)?
  40. 40.One cup of lemonade costs ₹16 to make and Farhan sells it for ₹32. What is the markup in percent?

Answer key

  1. 11
  2. 10
  3. 48
  4. 10 rupees
  5. 72
  6. cost + a markup
  7. 17
  8. 6
  9. 12
  10. 25
  11. a loss
  12. 3
  13. 24
  14. 100
  15. 11
  16. 70
  17. 30
  18. 10
  19. 6
  20. 50
  21. what buyers will pay
  22. 10
  23. 100
  24. 10
  25. 5
  26. 10
  27. 42
  28. 25
  29. 26
  30. 6
  31. 11
  32. 19
  33. 40
  34. 42
  35. 11
  36. 30
  37. 75
  38. 25
  39. 68
  40. 100

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