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.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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2.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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3.A new restaurant sets its prices lower than competitors to attract more customers and capture a larger market share. Which pricing objective is the restaurant focusing on?
- A.Maximizing Profit
- B.Increasing Market Share
- C.Ensuring Price Stability
- D.Meeting Competition
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4.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
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5.One of the key objectives of pricing is to maximize profit. How does this objective impact businesses?
- A.It ensures prices remain low to attract the maximum number of customers.
- B.It involves setting prices to achieve the highest possible return on investment.
- C.It focuses on matching competitors' prices regardless of profitability.
- D.It prioritizes short-term sales over long-term business sustainability.
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