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Logical Problems - Verbal and Reasoning

Directions to SolveEach problem consists of three statements. Based on the first two statements, the third statement may be true, false, or uncertain.
Q1:

Three pencils cost the same as two erasers.
Four erasers cost the same as one ruler.
Pencils are more expensive than rulers.
If the first two statements are true, the third statement is

A true

B false

C uncertain

ANS:B - false

Explanation: Rulers are the most expensive item.