In the following MS-EXCEL spreadsheet, you are given a list of 100 customers. Column 'A' represents their names, 'B' is for customer category; 'C' for payment category (0 means discounted price and 1 means full price); 'D' indicates price that customer pays. The list in the example spreadsheet below is not complete and simply shows different categories.

  A B C D
1. Customr Name Customer Category Payment Category Price (Rs.)
2. Raman Child 0 0
3. Dinesh Adult 1 5
4. Jashan Adult 0 2
- - - - -
101 Amt Child 0 0


Statement (I): The formula = COUNTIFS (B2:B101,"Adult") counts all customers who are adults.

Statement (II): The formula = COUNTIFS (B2:101,"Adult") counts all customers who are adults.

In light of the above statements, choose the most appropriate answer from the options given below.

1
Both Statement (I) and Statement (II) are true.
2
Both Statement (I) and Statement (II) are false
3
Statement (I) is true but Statement (II) is false. 
4
Statement (I) is false but Statement (II) is true.

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