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15 questions
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- 1. Multiple Choice
This refers to the right to be protected against the marketing of goods or the provision of services that are hazardous to health and life.
Choose
Redress
Information
Safety
- 2. Multiple Choice
It is one of the pricing components that refers to the total expenses paid for the item/s a seller will make.
Selling price
Mark up percentage
Total cost
Profit
- 3. Multiple Choice
In entrepreneurship, he/ she is the one who acquires, consumes and benefits the products or services in exchange for money or other consideration under a contract of sale.
Seller
Buyer
Entrepreneur
Vendor
- 4. Multiple Choice
This refers to the right to complain for misrepresentation, shoddy goods or unsatisfactory services.
Redress
Choose
Safety
Information
- 5. Multiple Choice
If the total cost of products is 300 pesos and the profit is 57 pesos. What will be the total mark-up price?
320 pesos
343 pesos
357 pesos
375 pesos
- 6. Multiple Choice
It is the amount a seller will use for selling the products.
Total Cost
Profit
Mark up percentage
Selling Price
- 7. Multiple Choice
It is right to express consumer interests in the making of government policies.
Right to Representation/ To be Heard
Right to Safety
Right to Information
Right to a Healthy Environment
- 8. Multiple Choice
It is right to be protected against dishonest or misleading advertising/ promotion of products.
Right to Information
Right to Consumer Education
Right to Redress
Right to Representation/ be Heard
- 9. Multiple Choice
What are the 3Rs under Right to Redress? Choose 3.
Repair
Replace
Return
Refund
- 10. Multiple Choice
What is the formula in getting the selling price?
Total Cost x Mark-up Percentage
Total Cost + Profit
Total Mark-up price ÷ Quantity
Profit ÷ Quantity
- 11. Multiple Choice
This is the money left over after all expenses are paid.
Profit
Mark-up Percentage
Total Cost
Mark-up Price
- 12. Multiple Choice
Daniella bought 8 notebooks for Php150.00. What is the quantity in the problem?
Php 150.00
Php 158.00
8 notebooks
notebooks
- 13. Multiple Choice
The total mark up price of cupcakes that Jill earned is Php500. How much is the selling price of each cupcake if the quantity or the total number of products is 50?
5
10
15
20
- 14. Multiple Choice
Mr. Kimoon wants to sell different styles of cap for this coming summer season. He was able to buy 30 caps from the supplier. He wants to use 65% mark-up. What is the quantity in this problem/ situation?
Cap
30 caps
Summer season
65%
- 15. Multiple Choice
Mr. Kimoon wants to sell different styles of cap for this coming summer season. He was able to buy 30 caps from the supplier. He wants to use 65% mark-up. What is the mark-up percentage in this problem/ situation?
Cap
30 caps
Summer season
65%
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