- Both I and II follows
- Only II follows
- Either I or II follows
- Only I follows
Option 3 : Either I or II follows
The logic followed is:
The statement talks about the company X which has decided to increase the price of its car by 10%.
conclusion I and conclusion II may or may not follow because we can not tell from the given statement that what other companies will do if company X increases the price of cars.
But other companies can't increase the price and decrease the price of cars at the same time.
They will increase or decrease the price of cars.
Hence the correct answer will be Either I or II follows.