Practice Overhead Charges - 2.4 | 2. Commercial Mathematics | ICSE Class 9 Maths
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.

Typing
Memory
Math
English Adventures
Knowledge

2.4 - Overhead Charges

Enroll to start learning

You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.

Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the formula for calculating Effective Cost Price?

💡 Hint: Think about the expenses added to the original cost.

Question 2

Easy

Name one example of overhead charges.

💡 Hint: Consider the costs incurred beyond the product itself.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What are overhead charges?

  • Direct costs involved in production
  • Expenses outside of product costs
  • Fixed costs only

💡 Hint: Think about what expenses are not directly associated with making the product.

Question 2

True or False: The effective cost price can be calculated by subtracting overhead charges from the cost price.

  • True
  • False

💡 Hint: Remember the formula we discussed.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A manufacturing unit produces gadgets with a cost price of $500. They incur $120 in overhead expenses for packaging, $80 for transport, and $100 for labor. What should be the effective cost price and how could they price their product to ensure a profit of $150?

💡 Hint: First sum up all overhead charges with the cost price, then add the desired profit.

Question 2

A store has an effective cost price of $650, and the overhead charges account for $200. If they sell the item at a 30% profit margin, what will be the selling price?

💡 Hint: Calculate the profit first, then add to the effective cost price.

Challenge and get performance evaluation