← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 959 · 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.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
  2. 2.One bag of popcorn costs ₹40 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  3. 3.One cup of lemonade costs ₹50 to make. Aarav adds a 100% markup. What is the profit on one (in ₹)?
  4. 4.One cupcake costs ₹60 to make. Arjun adds a 50% markup. What is the profit on one (in ₹)?
  5. 5.One paper bookmark costs ₹46 to make. Kavya adds a 100% markup. What is the profit on one (in ₹)?
  6. 6.One handmade card costs ₹42 to make. Tara adds a 50% markup. What is the profit on one (in ₹)?
  7. 7.One friendship band costs ₹34 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  8. 8.One paper bookmark costs ₹60 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  9. 9.One bag of popcorn costs ₹30 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  10. 10.One painted pebble costs ₹50 to make. Riya adds a 50% markup. What is the selling price (in ₹)?
  11. 11.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  12. 12.One glass of chai costs ₹45 to make and Arjun sells it for ₹90. What is the markup in percent?
  13. 13.One paper bookmark costs ₹29 to make. Dev adds a 100% markup. What is the profit on one (in ₹)?
  14. 14.One glass of chai costs ₹33 to make. Joseph adds a 100% markup. What is the profit on one (in ₹)?
  15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  16. 16.One handmade card costs ₹45 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  17. 17.One potted plant costs ₹42 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  18. 18.One friendship band costs ₹36 to make. Lakshmi adds a 50% markup. What is the selling price (in ₹)?
  19. 19.📉 A price below the cost leads to… (a) a loss (b) break-even (c) free stock (d) a profit
  20. 20.One cupcake costs ₹40 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One potted plant costs ₹30 to make. Kabir adds a 10% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹20 to make. Farhan adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One clay diya costs ₹32 to make and Ananya sells it for ₹40. What is the markup in percent?
  24. 24.One potted plant costs ₹48 to make and Farhan sells it for ₹96. What is the markup in percent?
  25. 25.One potted plant costs ₹28 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  26. 26.One handmade card costs ₹32 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One fruit cup costs ₹55 to make. Ishaan adds a 20% markup. What is the selling price (in ₹)?
  28. 28.One potted plant costs ₹46 to make and Farhan sells it for ₹92. What is the markup in percent?
  29. 29.One paper bookmark costs ₹52 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One potted plant costs ₹57 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  31. 31.One friendship band costs ₹15 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One cupcake costs ₹10 to make and Tara sells it for ₹12. What is the markup in percent?
  33. 33.One jute bag costs ₹20 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  34. 34.One potted plant costs ₹45 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One clay diya costs ₹32 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  36. 36.One handmade card costs ₹11 to make. Rohan adds a 100% markup. What is the selling price (in ₹)?
  37. 37.One friendship band costs ₹36 to make and Riya sells it for ₹54. What is the markup in percent?
  38. 38.One friendship band costs ₹30 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  39. 39.One paper bookmark costs ₹20 to make and Ishaan sells it for ₹24. What is the markup in percent?
  40. 40.One handmade card costs ₹16 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?

Answer key

  1. cost + a markup
  2. 4
  3. 50
  4. 30
  5. 46
  6. 21
  7. 51
  8. 12
  9. 3
  10. 75
  11. what buyers will pay
  12. 100
  13. 29
  14. 33
  15. 10 rupees
  16. 54
  17. 84
  18. 54
  19. a loss
  20. 8
  21. 33
  22. 22
  23. 25
  24. 100
  25. 7
  26. 40
  27. 66
  28. 100
  29. 13
  30. 114
  31. 3
  32. 20
  33. 25
  34. 9
  35. 40
  36. 22
  37. 50
  38. 33
  39. 20
  40. 4

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