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.Assertion (A) : A production budget estimates the costs of producing goods. Reason (R) : A production budget is based on the planned output and sales targets. (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.
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2.Which of the following is an objective of pricing?
- A.Reducing product quality to cut costs
- B.Increasing market share
- C.Limiting customer interactions
- D.Ignoring competitor strategies
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3.Assertion (A): Pricing objectives include ensuring price stability and maximizing profit. Reason (R): Pricing always ignores market competition to focus on consumer demands. Which of the following is correct?
- 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.
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4.A company sets the price of its new smartphone slightly lower than its competitors to attract more customers. Which pricing objective is the company trying to achieve?
- a.Maximizing Profit
- b.Ensuring Price Stability
- c.Increasing Market Share
- d.Reducing Production Costs
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5.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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