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): 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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2.Assertion (A): Pricing objectives include ensuring price stability and maximizing profit. Reason (R): Pricing always ignores market competition to focus on consumer demands.
- 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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3.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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4.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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5.Meeting or preventing competition is an objective of ______.
- A.Branding
- B.Packaging
- C.Pricing
- D.None of the above
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