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.______ is the percentage of total sales in an industry generated by a particular company.
- A.Marketing
- B.Market share
- C.Market
- D.Price stability
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2.Which of the following best explains why pricing is important for businesses?
- A.It determines the color and design of product packaging.
- B.It directly affects profitability, competitiveness, and consumer purchasing decisions.
- C.It is only relevant for luxury goods and services.
- D.It ensures businesses avoid all forms of taxation.
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3.Which of these are the objectives of pricing?
- A.Get desired rate of return
- B.Ensure price stability
- C.Increase market share
- D.All of the above
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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.Assertion (A) : Revenue expenditures are recurring in nature. Reason (R) : Revenue expenditures are costs incurred to meet the routine needs of the business within a specific accounting year. (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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