Question

Three statements are given followed by three conclusions numbered I, II, and III assuming the statements to be true, even if they seem to be at variance with commonly known facts. Decide which of conclusion logically follow(s) from the statement. Statements: All profit is loss Some loss is loan No loan is interest Conclusions:
I. Some profit is loan
II. No interest is profit
III. Some loss is not interest

A Only conclusion II and conclusion III follow
B Only conclusion III follows
C Only conclusion I and conclusion II follows
D Only conclusion II follows
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