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Question : Direction: One statement is given following by two  Assumptions I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions can be definitely be drawn from the given statement. Indicate your answer.

Statement: The rich must live more simply. All poor people are simple.

Conclusions:

I. Rich people waste money.

II. Poor people save money.

Option 1: Only I follows.

Option 2: Only II follows.

Option 3: Neither I nor II follows.

Option 4: Both I and II follows.


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 4th Jan, 2024

Correct Answer: Only I follows.


Solution : Given:

Statement:

The rich must live more simply. All poor people are simple.

The given statement states that the rich must live more simply. From this, it can be concluded that rich people waste money and they should not waste money and must live more simply. Therefore, this conclusion follows.

Also, the given statement states that all poor people are simple but it doesn't state that they save money. Therefore, this conclusion doesn't follow.

So, only conclusion I follows.

Hence, first option is correct.

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