Question
Download Solution PDFGiven below is a statement followed by tow conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follow(s) beyond a reasonable doubt from the information given in the statement.
Statement: A doctor doubled his fees.
Conclusion I: His revenue doubled, so the number of patients have remained the same.
Conclusion II: His revenue decreased, so the number of patients has fallen by more than half.Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFIf the number of patients have increased, then the revenue should be more than double of the previous revenue as the fee is doubled. But the first conclusion says that the revenue has doubled, which implies that there is no change in the no. of patients. Therefore, the conclusion I follow.
From the above discussion, we can also infer that if there is any drop in the previous revenue (revenue before the fee increment), then that means there is a drop in the number of patients. With the doubled fee, if we have at least half as many patients as earlier, there cannot be a drop in the previous revenue. Since this is not the case, we can conclude that the number of patients has fallen by half. Therefore, conclusion II follows. Hence, both the conclusions follow.
Hence, both conclusions I and II follow.
Additional Information
A statement is a group of words arranged to form meaningful sentences. A conclusion is a judgement or decision reached after consideration of the given statement. A conclusion is an option or decision that is formed after a period.
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