← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 96 · 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 ₹20 to make. Farhan adds a 50% markup. What is the selling price (in ₹)?
  2. 2.One cup of lemonade costs ₹44 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
  3. 3.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a loss (d) a profit
  4. 4.🏷️ Cost-plus pricing means… (a) cost + a markup (b) copy a rival (c) cost − a markup (d) guess any price
  5. 5.One potted plant costs ₹56 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  6. 6.One fruit cup costs ₹28 to make. Aarav adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One glass of chai costs ₹40 to make. Diya adds a 10% markup. What is the selling price (in ₹)?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 10 rupees (c) 20 rupees (d) 5 rupees
  9. 9.One clay diya costs ₹10 to make. Meera adds a 50% markup. What is the selling price (in ₹)?
  10. 10.One handmade card costs ₹20 to make. Rohan adds a 25% markup. What is the selling price (in ₹)?
  11. 11.One cup of lemonade costs ₹12 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  12. 12.One cup of lemonade costs ₹36 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  13. 13.One clay diya costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹12 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  15. 15.One fruit cup costs ₹28 to make. Nisha adds a 25% markup. What is the profit on one (in ₹)?
  16. 16.One painted pebble costs ₹24 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  17. 17.One paper bookmark costs ₹40 to make. Dev adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹18 to make and Zoya sells it for ₹27. What is the markup in percent?
  19. 19.One friendship band costs ₹25 to make. Farhan adds a 20% markup. What is the profit on one (in ₹)?
  20. 20.One handmade card costs ₹35 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  21. 21.One cup of lemonade costs ₹24 to make. Gurpreet adds a 25% markup. What is the selling price (in ₹)?
  22. 22.One bag of popcorn costs ₹44 to make and Lakshmi sells it for ₹66. What is the markup in percent?
  23. 23.One clay diya costs ₹46 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹30 to make. Ishaan adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One paper bookmark costs ₹60 to make. Vihaan adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One jute bag costs ₹20 to make and Aarav sells it for ₹24. What is the markup in percent?
  27. 27.One glass of chai costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  28. 28.One friendship band costs ₹41 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  29. 29.One jute bag costs ₹39 to make. Vihaan adds a 100% markup. What is the profit on one (in ₹)?
  30. 30.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
  31. 31.One cupcake costs ₹17 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  32. 32.One paper bookmark costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  33. 33.One handmade card costs ₹12 to make. Rohan adds a 25% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹12 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  35. 35.One bag of popcorn costs ₹32 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One fruit cup costs ₹52 to make. Kavya adds a 25% markup. What is the profit on one (in ₹)?
  37. 37.One friendship band costs ₹15 to make. Lakshmi adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One cupcake costs ₹41 to make. Dev adds a 100% markup. What is the selling price (in ₹)?
  39. 39.One cup of lemonade costs ₹41 to make and Rohan sells it for ₹82. What is the markup in percent?
  40. 40.One jute bag costs ₹60 to make and Ishaan sells it for ₹72. What is the markup in percent?

Answer key

  1. 30
  2. 66
  3. a loss
  4. cost + a markup
  5. 14
  6. 7
  7. 44
  8. 10 rupees
  9. 15
  10. 25
  11. 18
  12. 18
  13. 66
  14. 6
  15. 7
  16. 30
  17. 48
  18. 50
  19. 5
  20. 42
  21. 30
  22. 50
  23. 23
  24. 33
  25. 66
  26. 20
  27. 55
  28. 82
  29. 39
  30. what buyers will pay
  31. 34
  32. 44
  33. 3
  34. 18
  35. 16
  36. 13
  37. 3
  38. 82
  39. 100
  40. 20

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