Question
In the question below there are three statements
followed by two conclusions I and II. You have to take the three given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the three statements disregarding commonly known facts. Statements: 68% of derivatives are options. 75% of options are trades. No trade is service. Conclusions: I. Some options are service. II. Some derivatives are trades.Solution
75% of options are trades (I) + No trade is service (E) → Some options are not service (O). Hence conclusion I does not follow. 68% of derivatives are options (I) + 75% of options are trades (I) → No conclusion. Hence conclusion II does not follow.
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