← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 948 · 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 ₹52 to make. Diya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One paper bookmark costs ₹48 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  3. 3.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 5 rupees (c) 20 rupees (d) 50 rupees
  4. 4.One glass of chai costs ₹16 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) nothing else (b) your favourite number (c) what buyers will pay (d) the weather only
  6. 6.One handmade card costs ₹11 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  7. 7.One clay diya costs ₹60 to make. Meera adds a 10% markup. What is the selling price (in ₹)?
  8. 8.One cupcake costs ₹35 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One friendship band costs ₹16 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  10. 10.One jute bag costs ₹36 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  11. 11.One glass of chai costs ₹60 to make and Farhan sells it for ₹66. What is the markup in percent?
  12. 12.One clay diya costs ₹20 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  13. 13.One clay diya costs ₹15 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹44 to make. Ananya adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One friendship band costs ₹45 to make and Arjun sells it for ₹90. What is the markup in percent?
  16. 16.One friendship band costs ₹40 to make and Farhan sells it for ₹60. What is the markup in percent?
  17. 17.One clay diya costs ₹51 to make and Kabir sells it for ₹102. What is the markup in percent?
  18. 18.One potted plant costs ₹24 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹58 to make. Diya adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One glass of chai costs ₹28 to make and Meera sells it for ₹35. What is the markup in percent?
  21. 21.📉 A price below the cost leads to… (a) break-even (b) a profit (c) free stock (d) a loss
  22. 22.One glass of chai costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  23. 23.One painted pebble costs ₹20 to make. Gurpreet adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One potted plant costs ₹11 to make. Zoya adds a 100% markup. What is the selling price (in ₹)?
  25. 25.One painted pebble costs ₹22 to make and Dev sells it for ₹33. What is the markup in percent?
  26. 26.One potted plant costs ₹48 to make and Meera sells it for ₹60. What is the markup in percent?
  27. 27.One jute bag costs ₹54 to make and Aarav sells it for ₹81. What is the markup in percent?
  28. 28.One friendship band costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  29. 29.One friendship band costs ₹15 to make and Diya sells it for ₹18. What is the markup in percent?
  30. 30.One fruit cup costs ₹15 to make and Rohan sells it for ₹30. What is the markup in percent?
  31. 31.One handmade card costs ₹50 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One cup of lemonade costs ₹48 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  33. 33.One cup of lemonade costs ₹56 to make and Tara sells it for ₹70. What is the markup in percent?
  34. 34.One handmade card costs ₹30 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.🏷️ Cost-plus pricing means… (a) guess any price (b) cost − a markup (c) copy a rival (d) cost + a markup
  36. 36.One friendship band costs ₹55 to make. Ananya adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One potted plant costs ₹57 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  38. 38.One paper bookmark costs ₹56 to make. Arjun adds a 25% markup. What is the selling price (in ₹)?
  39. 39.One jute bag costs ₹12 to make. Saanvi adds a 50% markup. What is the selling price (in ₹)?
  40. 40.One jute bag costs ₹60 to make. Gurpreet adds a 100% markup. What is the selling price (in ₹)?

Answer key

  1. 52
  2. 96
  3. 10 rupees
  4. 24
  5. what buyers will pay
  6. 22
  7. 66
  8. 7
  9. 8
  10. 72
  11. 10
  12. 22
  13. 18
  14. 22
  15. 100
  16. 50
  17. 100
  18. 36
  19. 29
  20. 25
  21. a loss
  22. 10
  23. 10
  24. 22
  25. 50
  26. 25
  27. 50
  28. 11
  29. 20
  30. 100
  31. 100
  32. 72
  33. 25
  34. 6
  35. cost + a markup
  36. 66
  37. 57
  38. 70
  39. 18
  40. 120

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