← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 980 · 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.🧮 A 50% markup on a ₹20 cost adds… (a) 10 rupees (b) 20 rupees (c) 5 rupees (d) 50 rupees
  2. 2.One cup of lemonade costs ₹30 to make. Rohan adds a 20% markup. What is the profit on one (in ₹)?
  3. 3.One clay diya costs ₹44 to make and Ishaan sells it for ₹55. What is the markup in percent?
  4. 4.One clay diya costs ₹24 to make and Saanvi sells it for ₹36. What is the markup in percent?
  5. 5.One clay diya costs ₹30 to make. Arjun adds a 10% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  7. 7.One friendship band costs ₹10 to make. Lakshmi adds a 100% markup. What is the profit on one (in ₹)?
  8. 8.One cupcake costs ₹60 to make and Kavya sells it for ₹75. What is the markup in percent?
  9. 9.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
  10. 10.One cupcake costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  11. 11.One fruit cup costs ₹24 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  12. 12.One jute bag costs ₹40 to make and Farhan sells it for ₹44. What is the markup in percent?
  13. 13.One painted pebble costs ₹10 to make. Rohan adds a 10% markup. What is the selling price (in ₹)?
  14. 14.One painted pebble costs ₹35 to make. Saanvi adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One cup of lemonade costs ₹17 to make and Lakshmi sells it for ₹34. What is the markup in percent?
  16. 16.One handmade card costs ₹30 to make and Nisha sells it for ₹36. What is the markup in percent?
  17. 17.One bag of popcorn costs ₹48 to make and Diya sells it for ₹60. What is the markup in percent?
  18. 18.One handmade card costs ₹10 to make and Kavya sells it for ₹20. What is the markup in percent?
  19. 19.One clay diya costs ₹48 to make. Meera adds a 25% markup. What is the profit on one (in ₹)?
  20. 20.One friendship band costs ₹45 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  21. 21.One clay diya costs ₹55 to make and Nisha sells it for ₹66. What is the markup in percent?
  22. 22.One handmade card costs ₹50 to make and Joseph sells it for ₹55. What is the markup in percent?
  23. 23.One bag of popcorn costs ₹10 to make. Zoya adds a 20% markup. What is the profit on one (in ₹)?
  24. 24.One handmade card costs ₹30 to make and Farhan sells it for ₹33. What is the markup in percent?
  25. 25.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  26. 26.One bag of popcorn costs ₹60 to make. Zoya adds a 10% markup. What is the selling price (in ₹)?
  27. 27.🏷️ Cost-plus pricing means… (a) cost + a markup (b) guess any price (c) copy a rival (d) cost − a markup
  28. 28.One glass of chai costs ₹12 to make. Kabir adds a 50% markup. What is the selling price (in ₹)?
  29. 29.One handmade card costs ₹28 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹50 to make. Ananya adds a 10% markup. What is the profit on one (in ₹)?
  31. 31.One potted plant costs ₹38 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
  32. 32.One clay diya costs ₹44 to make. Kavya adds a 100% markup. What is the selling price (in ₹)?
  33. 33.One jute bag costs ₹10 to make and Ishaan sells it for ₹12. What is the markup in percent?
  34. 34.One paper bookmark costs ₹45 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  35. 35.One bag of popcorn costs ₹12 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  36. 36.One friendship band costs ₹10 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  37. 37.One cup of lemonade costs ₹20 to make and Kavya sells it for ₹22. What is the markup in percent?
  38. 38.One paper bookmark costs ₹30 to make. Dev adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One handmade card costs ₹60 to make. Ananya adds a 20% markup. What is the profit on one (in ₹)?
  40. 40.One painted pebble costs ₹26 to make and Tara sells it for ₹52. What is the markup in percent?

Answer key

  1. 10 rupees
  2. 6
  3. 25
  4. 50
  5. 33
  6. 10
  7. 10
  8. 25
  9. a loss
  10. 11
  11. 6
  12. 10
  13. 11
  14. 7
  15. 100
  16. 20
  17. 25
  18. 100
  19. 12
  20. 9
  21. 20
  22. 10
  23. 2
  24. 10
  25. what buyers will pay
  26. 66
  27. cost + a markup
  28. 18
  29. 42
  30. 5
  31. 57
  32. 88
  33. 20
  34. 9
  35. 3
  36. 12
  37. 10
  38. 6
  39. 12
  40. 100

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