Statements: Only a few Book are Notebook. No Notebook is a Pencil. Only a few Pencil is Pen. Conclusions:
I. All Pens can never be Notebooks.
II. All Books can never be Pencils.
III. Some Pens can be Books.

No Notebook is a Pencil (E) + Only a few Pencil is Pen (I) → Some Pen are not Notebook (O*) → Probable conclusion → All Pen can never be Notebook. Hence conclusion I follows. Only a few Book are Notebook (I) + No Notebook is a Pencil (E) → Some Book are not Pencil (O) → Probable conclusion → All Book can never be Pencil. Hence conclusion II follows. Only a few Book are Notebook (I) + No Notebook is a Pencil (E) → Some Book are not Pencil (O) + Only a few Pencil is Pen (I) → Probable conclusion → Some Pen can be Book (I). Hence conclusion III follows.