← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 979 · 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 cupcake costs ₹28 to make. Ananya adds a 100% markup. What is the profit on one (in ₹)?
  2. 2.One jute bag costs ₹60 to make and Rohan sells it for ₹90. What is the markup in percent?
  3. 3.🏷️ Cost-plus pricing means… (a) guess any price (b) cost + a markup (c) cost − a markup (d) copy a rival
  4. 4.One painted pebble costs ₹10 to make. Meera adds a 100% markup. What is the selling price (in ₹)?
  5. 5.🤔 Besides cost, what should a price think about? (a) the weather only (b) nothing else (c) your favourite number (d) what buyers will pay
  6. 6.One cup of lemonade costs ₹36 to make. Diya adds a 25% markup. What is the selling price (in ₹)?
  7. 7.One paper bookmark costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  8. 8.📉 A price below the cost leads to… (a) free stock (b) a loss (c) a profit (d) break-even
  9. 9.One jute bag costs ₹30 to make. Farhan adds a 20% markup. What is the selling price (in ₹)?
  10. 10.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 50 rupees (c) 20 rupees (d) 5 rupees
  11. 11.One cupcake costs ₹20 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  12. 12.One jute bag costs ₹30 to make. Arjun adds a 10% markup. What is the profit on one (in ₹)?
  13. 13.One paper bookmark costs ₹40 to make and Zoya sells it for ₹44. What is the markup in percent?
  14. 14.One bag of popcorn costs ₹20 to make. Zoya adds a 20% markup. What is the selling price (in ₹)?
  15. 15.One painted pebble costs ₹20 to make and Ishaan sells it for ₹22. What is the markup in percent?
  16. 16.One cup of lemonade costs ₹28 to make and Arjun sells it for ₹42. What is the markup in percent?
  17. 17.One bag of popcorn costs ₹60 to make. Kavya adds a 10% markup. What is the selling price (in ₹)?
  18. 18.One glass of chai costs ₹10 to make. Lakshmi adds a 10% markup. What is the selling price (in ₹)?
  19. 19.One paper bookmark costs ₹12 to make and Riya sells it for ₹18. What is the markup in percent?
  20. 20.One paper bookmark costs ₹22 to make. Joseph adds a 50% markup. What is the selling price (in ₹)?
  21. 21.One bag of popcorn costs ₹22 to make and Kavya sells it for ₹33. What is the markup in percent?
  22. 22.One handmade card costs ₹28 to make and Kavya sells it for ₹42. What is the markup in percent?
  23. 23.One fruit cup costs ₹60 to make and Nisha sells it for ₹66. What is the markup in percent?
  24. 24.One potted plant costs ₹38 to make. Rohan adds a 100% markup. What is the profit on one (in ₹)?
  25. 25.One friendship band costs ₹52 to make and Arjun sells it for ₹78. What is the markup in percent?
  26. 26.One jute bag costs ₹40 to make. Dev adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One cupcake costs ₹46 to make and Lakshmi sells it for ₹69. What is the markup in percent?
  28. 28.One jute bag costs ₹30 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One bag of popcorn costs ₹16 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
  30. 30.One jute bag costs ₹16 to make and Joseph sells it for ₹20. What is the markup in percent?
  31. 31.One clay diya costs ₹35 to make. Meera adds a 20% markup. What is the profit on one (in ₹)?
  32. 32.One clay diya costs ₹35 to make. Saanvi adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One potted plant costs ₹44 to make and Nisha sells it for ₹88. What is the markup in percent?
  34. 34.One clay diya costs ₹20 to make and Farhan sells it for ₹22. What is the markup in percent?
  35. 35.One paper bookmark costs ₹22 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  36. 36.One jute bag costs ₹30 to make and Dev sells it for ₹33. What is the markup in percent?
  37. 37.One glass of chai costs ₹60 to make. Aarav adds a 20% markup. What is the profit on one (in ₹)?
  38. 38.One jute bag costs ₹58 to make and Ishaan sells it for ₹116. What is the markup in percent?
  39. 39.One painted pebble costs ₹30 to make. Kabir adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One fruit cup costs ₹10 to make. Joseph adds a 10% markup. What is the profit on one (in ₹)?

Answer key

  1. 28
  2. 50
  3. cost + a markup
  4. 20
  5. what buyers will pay
  6. 45
  7. 11
  8. a loss
  9. 36
  10. 10 rupees
  11. 22
  12. 3
  13. 10
  14. 24
  15. 10
  16. 50
  17. 66
  18. 11
  19. 50
  20. 33
  21. 50
  22. 50
  23. 10
  24. 38
  25. 50
  26. 4
  27. 50
  28. 45
  29. 4
  30. 25
  31. 7
  32. 70
  33. 100
  34. 10
  35. 11
  36. 10
  37. 12
  38. 100
  39. 3
  40. 1

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