Directions: In each of the Questions below is given a statement followed by assumptions/arguments numbered I and II. Consider the statement and decide which of the given assumptions is implicit. Please select your answer, considering one of the following:
Statement: Many bookshops are being closed down as their sales are going down and the shop rents are increasing.
Assumption I: Reading habit of people is coming down.
Assumption II: The bookshops' net profit is decreasing.1
Only assumption I is correct.
2
Only assumption II is correct.
3
Both the assumptions are correct.
4
Neither assumption I nor assumption II is correct.