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 logically follows from the three statements disregarding commonly known facts. Statements: Only a few Rate is Price Some Price is Cost All Cost is Expense Conclusion:
I. Some Rate is not Expense
II. All Cost can never be Price
III. Some Price is Expense

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