The following is a statement and two conclusions related to it. Read the statement and conclusions and determine which of the / (s) logically follows from the given statement(s).

Statement:

A library charges a penalty of Rs.10 per day for the days delayed after the due date of return, for the late return of books by the readers.

Conclusions:

(I) Penalties will be higher for expensive books.

(II) The penalty for cheaper books will be less.

1
Only Conclusion I follows
2
Only Conclusion II follows
3
Either conclusion I or conclusion II follows
4
Neither conclusion I nor conclusion II follows

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