In a given statement followed by three assumptions numbered I, II and III. 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. Then decide which of the answers (1), (2), (3),(4) and (s) is the correct answer.
Statement : The board of directors of 'X' coaching institute - a premier coaching institute - has decided to charge a fixed amount of Rs 10,000 / month from each of its franchisees in urban area and Rs 5000 / month in rural area.
Assumptions :
I.Profits gained y franchisees in urban area differ from that in rural areas.
II. Franchisees will be able to pay the respective charges according to the respective categories.
III. It is feasible to expand branches and control them by fixing a target.
1) Only I
2) Only II
3) Only I and III
4) Only III
5) None of these

Explanation

3