Statement: He invested in the stock market. Conclusions: I. He might gain profit. II. He might incur loss. MCQ with Answer and Explanation

Statement: He invested in the stock market. Conclusions: I. He might gain profit. II. He might incur loss.
A. Neither I nor II follows
B. Both I and II follow
C. Only I follows
D. Only II follows
Answer: Option B
Solution (By JKExamLibrary)
Stock market investment carries both possibilities. Both follow as possibilities.

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Practice More Statement and Conclusion Questions

Question #1
Statements:
1. Some shirts are pants.
2. Some pants are ties.
Conclusions:
I. Some shirts are ties.
II. Some ties are shirts.
Which conclusion(s) logically follow?
A. Neither I nor II follows
B. Only conclusion I follows
C. Both I and II follow
D. Only conclusion II follows

Correct Answer: Option A


Explanation:
The relationship 'some' does not chain logically. The shirts that are pants are not necessarily the pants that are ties. No relation can be established between shirts and ties. Therefore, neither conclusion follows.

This question belongs to: Reasoning Statement and Conclusion
Question #2
Statement: This cake is made with chocolate. Conclusions: I. It does not contain any nuts. II. It contains cocoa.
A. Both I and II follow
B. Neither I nor II follows
C. Only II follows
D. Only I follows

Correct Answer: Option C


Explanation:
I cannot be concluded; it may contain nuts. Chocolate is made from cocoa, so II follows.

This question belongs to: Reasoning Statement and Conclusion
Question #3
Statements:
1. Some books are pens.
2. Some pens are erasers.
Conclusions:
I. Some books are erasers.
II. No book is an eraser.
Which conclusion(s) logically follow?
A. Only conclusion II follows
B. Both I and II follow
C. Either I or II follows
D. Only conclusion I follows

Correct Answer: Option C


Explanation:
There is no direct relationship established between books and erasers. They might overlap, or they might not. Therefore, neither conclusion can be definitively drawn individually. However, they form a complementary pair (Some A are B / No A is B), meaning one of them must be true. Hence, 'Either I or II follows' is the correct logical deduction. (Mapped to option C for this specific question).

This question belongs to: Reasoning Statement and Conclusion