In this question below is given a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement, Give answer
1) if only assumption I is implicit
2) if only assumption II is implicit
3) if either I or II is implicit
4) if neither I nor II is implicit
5) if both I and II are implicit
Statement : A major retail store announced third percent reduction on all food items during the weekend.
Assumptions :
I. People may still prefer buying food items from other stores.
II. A large number of customers may visited the retail store and buy food items

Explanation

2