In the question below are given three statements, followed by conclusions: I and II. You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.

Statements:

Few red are new.

Only red are books.

No new is old.

Conclusions:

I. A few olds are red is a possibility.

II. No book is old.