Question
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :
Statement : In order to reduce the gap between income and expenditure, the company has decided to increase the price of its product from next month.
Assumptions :
I. The rate will remain more or less same after the increase.
II. The expenditure will more or less remain the same in near future.
III. The rival companies will also increase the price of the similar product.
Statement : In order to reduce the gap between income and expenditure, the company has decided to increase the price of its product from next month.
Assumptions :
I. The rate will remain more or less same after the increase.
II. The expenditure will more or less remain the same in near future.
III. The rival companies will also increase the price of the similar product.
Answer: Option E
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