Statement:\n“I can take you quickly from Kanpur to Lucknow by my car, but then you must pay me double the normal charges.”\n\nAssumptions:\nI. Normally, it takes more time to travel from Kanpur to Lucknow by usual means.\nII. People want to reach quickly but will not pay extra money for it.\n\nWhich of the above assumptions is implicit in the statement?

Difficulty: Medium

Correct Answer: Only Assumption I is implicit

Explanation:


Introduction / Context:
The speaker offers a premium service: faster travel for double the normal charges. We must determine which background belief is required for this offer to make sense. Typically, premium pricing hinges on a time advantage over the status quo.



Given Data / Assumptions:

  • Offer: Quicker transport by car between Kanpur and Lucknow at double charges.
  • Assumption I: The normal/typical travel takes longer than the offered quick route.
  • Assumption II: People want to reach quickly but will not pay more.


Concept / Approach:
For a speed-based premium to be meaningful, there must be a time-saving relative to the usual options (trains, buses, standard taxis). That is the essence of Assumption I. Assumption II, however, contradicts the pitch; an offer priced higher presumes some are willing to pay for speed, not that they categorically refuse.



Step-by-Step Solution:

1) Identify the value proposition: time saved (validates I).2) Pricing at “double” implies expectation that at least some customers will accept the trade-off; it does not assume universal refusal (rejects II).3) Therefore only Assumption I is necessary.


Verification / Alternative check:
If usual travel were already as quick, the offer would be pointless. Conversely, customer willingness is varied; the statement only needs some demand, not a blanket unwillingness.



Why Other Options Are Wrong:

• Only II / Either / Both: Mischaracterize customer behavior; the offer aims at those willing to pay.• Neither: Ignores the required time-differential premise.


Common Pitfalls:
Assuming claims about all customers’ willingness. The statement is a conditional commercial offer, not a universal behavioral assertion.



Final Answer:
Only Assumption I is implicit.

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