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
-
1.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
-
2.A company spent a huge amount on an advertising campaign that will benefit the business for several years. How should this expenditure be classified?
- a.Revenue Expenditure
- b.Capital Expenditure
- c.Deferred Revenue Expenditure
- d.Capital Receipt
-
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
-
4.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
-
5.A factory purchased raw materials for production. The accountant mistakenly recorded this expense as a capital expenditure. How should this expense be correctly classified?
- a.Capital Expenditure
- b.Deferred Revenue Expenditure
- c.Revenue Expenditure
- d.Capital Receipt
Ready? Take the full 10-question test free — instant marking, no sign-up needed.
▶ Start free mock test