Question

Read the preceding statement and assumptions carefully and identify which of thes
logically implicit with the statement:
Statement: The Airways authorities of America has decided to increase the freight
charges by 5 percent in view of the possibility of incurring losses in the current final
Assumption 1: The volume of freight during the remaining period may remain the
#same.
Assumption II: The amount obtained may set o" a part or total of the estimated deficit
​

Answer 1

Answer:

Only assumption I is implicit

Only assumption II is implicit

Either I or II is implicit

Neither I nor II is implicit

Both I and II are implicit

Answer: Option B

Explanation:

Noting about the volume of freight is mentioned in the statement. So, I is not implicit.

According to statement, the freight charges are being increased to cover up the possible losses. So II is implicit.