Question
In the question 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 and then decide which of the given conclusions logically follows from the three statements disregarding commonly known facts. Statements: 60% Stock is Market. Only a few Market is Price. No Market is Trend. Conclusion: I. Some Trend is not Stock. II. All Market being Price is a possibility. III. Some Stock being Trend is a possibility.Solution
60% Stock is Market (I) + No Market is Trend (E) → Some Stock is not Trend (O). Hence conclusion I does not follow. Only a few Market is Price (I) → Some Market is not Price (O). Hence conclusion II does not follow. 60% Stock is Market (I) + No Market is Trend (E) → Some Stock is not Trend (O) → Probable conclusion → Some Stock may be Trend (I). Hence conclusion III follows.
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