Question
In each of the questions below are given three
statements followed by two conclusions numbered I and II. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts. Statements :     Some savings are expenditures All expenditures are incomes. All incomes are assets. Conclusions:                      I. Some savings are incomes. II. Some savings are assets.Solution
Some savings are expenditures (I) + All expenditures are incomes( A) ⇒ Some savings are incomes(I). Hence, conclusion I follows. Some savings are expenditures (I) + All expenditures are incomes (A) ⇒ Some savings are incomes (I) + All incomes are assets(A) ⇒ Some savings are assets(I). Hence, conclusion II follows. 
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Statements:
Z<...
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