ICSE Class 10 Pricing — Mock Test (2027)
Free online mock test for Pricing (ICSE Class 10 Commercial Applications) — 10 competency-based questions based on the latest CISCE 2027 syllabus, with instant marking. Try the samples below, then take the full test free.
What to expect: This mock test covers key concepts from the Pricing chapter — including application-based and competency-focused questions aligned with how ICSE actually sets the paper.
Tip: Attempt without notes first to identify gaps, then review explanations for any wrong answers. Retake after a few days for best retention.
Sample questions
-
1.Assertion (A) : Revenue loss occurs during the ordinary course of business operations. Reason (R) : Revenue loss is reflected in the Profit and Loss Account in the year it occurs. (a) Both A and R are true, and R is the correct explanation of A. (b) Both A and R are true, but R is not the correct explanation of A. (c) A is true, but R is false. (d) A is false, but R is true.
- a.Both A and R are true, and R is the correct explanation of A.
- b.Both A and R are true, but R is not the correct explanation of A.
- c.A is true, but R is false.
- d.A is false, but R is true.
-
2.Which of the following is an objective of pricing for a product or service?
- A.To minimize customer satisfaction and loyalty.
- B.To maximize profit by achieving the desired rate of return.
- C.To eliminate all competitors from the market.
- D.To reduce the quality of products to cut costs.
-
3.Identify the objective of pricing based on the following statements: 1. It helps maintain price consistency in the market. 2. It ensures no sudden or unexpected fluctuations in product prices.
- a.Maximizing Profit
- b.Increasing Market Share
- c.Ensuring Price Stability
- d.Meeting Competition
-
4.Meeting or preventing competition is an objective of ______.
- A.Branding
- B.Packaging
- C.Pricing
- D.None of the above
-
5.A business recorded depreciation on machinery as an
- a.Direct Expense
- b.Indirect Expense
Ready? Take the full 10-question test free — instant marking, no sign-up needed.
▶ Start free mock test