Question

question (logical reasoning)

Bank A has announced reduction of ...

Answer 1

i think option e.) is correct

Answer 2

Not sure, what's the definition of an implication?

Answer 3

one which is implied

Answer 4

So bank A reduces is percentage and we determine if 1 or 2 does follow through am I correct?

Answer 5

yes

Answer 6

If something is the "expected/sensible/common sense" result, then that is considered an implication? Does an implication be a possibility in any way, or does it have to be provable kinda thing? Get what i mean? :P

Answer 7

i am concerned with assumption I as only assumption II is given implicit in book

Answer 8

We dont know for sure that the other banks will also lower their prices but with the bank lowering its retail loans it may attract more customers so I would choose between neither of them being implicit or only 2 is implict.

Answer 9

ok thnks

Answer 10

np ^^