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
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1.Pricing helps businesses achieve goals such as maximizing profit, increasing market share, and ensuring price stability. Which of the following is NOT an objective of pricing?
- A.Preventing competition
- B.Increasing market share
- C.Ensuring price stability
- D.Maximizing profit
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2.A company raised funds by issuing debentures to investors. This amount was recorded in the books under revenue receipts. What is the correct classification for this transaction?
- a.Revenue Receipt
- b.Capital Receipt
- c.Revenue Expenditure
- d.Capital Expenditure
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3.Which of these is NOT an objective of pricing?
- A.Getting desired rate of return
- B.Develop better packaging and branding
- C.Ensure price stability
- D.Increase market share
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4.Which of the following is a primary objective of pricing?
- A.Reducing product quality
- B.Maximizing profit through high returns
- C.Increasing employee turnover
- D.Eliminating competition entirely
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5.Which of the following is a major objective of pricing in business?
- A.Minimizing customer satisfaction to reduce costs.
- B.Maximizing profit by setting prices for highest return on investment.
- C.Ignoring market competition to set arbitrary prices.
- D.Reducing product quality to lower production costs.
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