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 'X' car manufacturing company has decided to increase price of the cars in A, B and C segments ranging from `5%` to `10%` with immediate effect as the steel prices have risen considerably in the recent past.
Assumptions :
I. The prices of cars other than in A, B and C segments are already very high and need not be increased.
II. The rival car manufacturing companies may also increase the prices of cars in these segments.
III. There may be adequate demand in the market of the cars in these segments even after the price hike.
1) Only I are implicit
2) Only II are implicit
3) Only III is implicit
4)Both I and III are implicit
5) All are implicit

Explanation

3