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    Question

    In the questions given below there are three statements

    followed by three conclusions I, II and III. You have to take the three given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions definitely follows from the given statements disregarding commonly known facts. Statements: Only Expensive are Cheap Only a few Expensive are Price No Expensive are Cost A few Cost are Value Conclusions: I. At least Some Expensive are not Price II. Some Cheap being Value is a possibility III. All Value being Expensive is a possibility
    A Only conclusion I follows Correct Answer Incorrect Answer
    B Only conclusion III follows Correct Answer Incorrect Answer
    C Only conclusions I and III follow Correct Answer Incorrect Answer
    D Only conclusions II and III follow Correct Answer Incorrect Answer
    E Only conclusions I and II follow Correct Answer Incorrect Answer

    Solution

    Only a few Expensive are Price → Some Expensive are not Price (I). Hence conclusion I follows. Only Expensive are Cheap → All Cheap are Expensive and Cheap cannot have any positive relation with anyone. Hence neither conclusion II nor III follow.

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