Direction: In the question below are given three statements followed by two conclusions numbered I and II. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding the commonly known facts.
Statement:
Some Beds are Speakers.
Some Speakers are Bags.
Some Bags are Pencils.
Conclusions:
I. Some Beds are Pencils. 
II. Some Bags are Beds.