← Pricing with a markup lesson New set →

Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 985 · 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 jute bag costs ₹51 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  2. 2.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  3. 3.🤔 Besides cost, what should a price think about? (a) your favourite number (b) the weather only (c) nothing else (d) what buyers will pay
  4. 4.One paper bookmark costs ₹26 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  5. 5.One cupcake costs ₹48 to make. Rohan adds a 50% markup. What is the selling price (in ₹)?
  6. 6.One painted pebble costs ₹40 to make. Farhan adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.One bag of popcorn costs ₹10 to make and Riya sells it for ₹12. What is the markup in percent?
  8. 8.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 10 rupees (d) 5 rupees
  9. 9.One cupcake costs ₹25 to make and Joseph sells it for ₹30. What is the markup in percent?
  10. 10.One bag of popcorn costs ₹20 to make. Gurpreet adds a 10% markup. What is the profit on one (in ₹)?
  11. 11.One jute bag costs ₹60 to make. Ishaan adds a 10% markup. What is the profit on one (in ₹)?
  12. 12.One cupcake costs ₹40 to make. Ishaan adds a 25% markup. What is the profit on one (in ₹)?
  13. 13.🏷️ Cost-plus pricing means… (a) copy a rival (b) guess any price (c) cost + a markup (d) cost − a markup
  14. 14.One painted pebble costs ₹12 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  15. 15.One jute bag costs ₹35 to make and Saanvi sells it for ₹70. What is the markup in percent?
  16. 16.One glass of chai costs ₹15 to make. Arjun adds a 20% markup. What is the profit on one (in ₹)?
  17. 17.One clay diya costs ₹30 to make. Rohan adds a 20% markup. What is the selling price (in ₹)?
  18. 18.One clay diya costs ₹30 to make and Meera sells it for ₹36. What is the markup in percent?
  19. 19.One handmade card costs ₹20 to make. Kavya adds a 50% markup. What is the profit on one (in ₹)?
  20. 20.One jute bag costs ₹38 to make and Riya sells it for ₹57. What is the markup in percent?
  21. 21.One clay diya costs ₹51 to make and Rohan sells it for ₹102. What is the markup in percent?
  22. 22.One glass of chai costs ₹10 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  23. 23.One potted plant costs ₹40 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
  24. 24.One fruit cup costs ₹20 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  25. 25.One cup of lemonade costs ₹14 to make and Lakshmi sells it for ₹21. What is the markup in percent?
  26. 26.One glass of chai costs ₹30 to make. Vihaan adds a 10% markup. What is the profit on one (in ₹)?
  27. 27.One paper bookmark costs ₹10 to make and Nisha sells it for ₹15. What is the markup in percent?
  28. 28.One fruit cup costs ₹58 to make and Lakshmi sells it for ₹87. What is the markup in percent?
  29. 29.One cup of lemonade costs ₹59 to make. Arjun adds a 100% markup. What is the selling price (in ₹)?
  30. 30.One cup of lemonade costs ₹20 to make and Vihaan sells it for ₹22. What is the markup in percent?
  31. 31.One handmade card costs ₹25 to make. Gurpreet adds a 100% markup. What is the profit on one (in ₹)?
  32. 32.One cup of lemonade costs ₹34 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
  33. 33.One bag of popcorn costs ₹28 to make. Aarav adds a 50% markup. What is the selling price (in ₹)?
  34. 34.One potted plant costs ₹28 to make. Ananya adds a 25% markup. What is the profit on one (in ₹)?
  35. 35.One handmade card costs ₹53 to make. Zoya adds a 100% markup. What is the profit on one (in ₹)?
  36. 36.One painted pebble costs ₹60 to make. Farhan adds a 10% markup. What is the profit on one (in ₹)?
  37. 37.One clay diya costs ₹50 to make. Riya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One glass of chai costs ₹10 to make and Dev sells it for ₹12. What is the markup in percent?
  39. 39.One glass of chai costs ₹50 to make. Kavya adds a 10% markup. What is the profit on one (in ₹)?
  40. 40.One bag of popcorn costs ₹20 to make. Tara adds a 25% markup. What is the selling price (in ₹)?

Answer key

  1. 102
  2. a loss
  3. what buyers will pay
  4. 52
  5. 72
  6. 10
  7. 20
  8. 10 rupees
  9. 20
  10. 2
  11. 6
  12. 10
  13. cost + a markup
  14. 15
  15. 100
  16. 3
  17. 36
  18. 20
  19. 10
  20. 50
  21. 100
  22. 11
  23. 44
  24. 22
  25. 50
  26. 3
  27. 50
  28. 50
  29. 118
  30. 10
  31. 25
  32. 17
  33. 42
  34. 7
  35. 53
  36. 6
  37. 100
  38. 20
  39. 5
  40. 25

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