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Statement and Assumption - Verbal and Reasoning

Directions to SolveIn each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.
Q1:

Statement: The simplest and the most cost-effective way to upgrade your home Exchange your old furniture and get 25% to 33% off on the new furniture.' - An advertisement of a furniture company. Assumptions:
  1. Nowadays, there is no demand for furniture products unless some attractive scheme is offered.
  2. Some customers always desire to have best quality and do not bother either for cost or for convenience.
  3. Some customers want to keep their home up-to-date with reasonable cost and with less hassles.

A Only I is implicit

B Only II is implicit

C Only III is implicit

D Only I and II are implicit

E None of these

ANS:C - Only III is implicit

Explanation: The advertisement has put forward an exchange offer does not imply that there is no demand for furniture products without an offer. So, I is not implicit. Since the advertisement highlights both 'simplest' and 'cost-effective', so II is not implicit. Further, the advertisement mentions that people can buy new furniture at discounted price without the hassles of disposing off the old one. Hence, only III is implicit.