wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Rights and Responsibilities of Consumer

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

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.

a)

Choose

b)

Redress

c)

Information

d)

Safety

2.

It is one of the pricing components that refers to the total expenses paid for the item/s a seller will make.

a)

Selling price

b)

Mark up percentage

c)

Total cost

d)

Profit

3.

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.

a)

Seller

b)

Buyer

c)

Entrepreneur

d)

Vendor

4.

This refers to the right to complain for misrepresentation, shoddy goods or unsatisfactory services.

a)

Redress

b)

Choose

c)

Safety

d)

Information

5.

If the total cost of products is 300 pesos and the profit is 57 pesos. What will be the total mark-up price?

a)

320 pesos

b)

343 pesos

c)

357 pesos

d)

375 pesos

6.

It is the amount a seller will use for selling the products.

a)

Total Cost

b)

Profit

c)

Mark up percentage

d)

Selling Price

7.

It is right to express consumer interests in the making of government policies.

a)

Right to Representation/ To be Heard

b)

Right to Safety

c)

Right to Information

d)

Right to a Healthy Environment

8.

It is right to be protected against dishonest or misleading advertising/ promotion of products.

a)

Right to Information

b)

Right to Consumer Education

c)

Right to Redress

d)

Right to Representation/ be Heard

9.

What are the 3Rs under Right to Redress? Choose 3.

a)

Repair

b)

Replace

c)

Return

d)

Refund

10.

What is the formula in getting the selling price?

a)

Total Cost x Mark-up Percentage

b)

Total Cost + Profit

c)

Total Mark-up price ÷ Quantity

d)

Profit ÷ Quantity

11.

This is the money left over after all expenses are paid.

a)

Profit

b)

Mark-up Percentage

c)

Total Cost

d)

Mark-up Price

12.

Daniella bought 8 notebooks for Php150.00. What is the quantity in the problem?

a)

Php 150.00

b)

Php 158.00

c)

8 notebooks

d)

notebooks

13.

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?

a)

5

b)

10

c)

15

d)

20

14.

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?

a)

Cap

b)

30 caps

c)

Summer season

d)

65%

15.

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?

a)

Cap

b)

30 caps

c)

Summer season

d)

65%