In each of the questions below are given three statements followed by four conclusions numbered I, II, III and IV. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
Statements :
All papers are books.
All bags are books.
Some purses are bags.
Conclusions :
I. Some papers are bags.
II. Some books are papers.
III. Some books are purses.
IV. All books are purses.

[ A ]    Only I follows
[ B ]    Only II and III follow right
[ C ]    Only I and III follow
[ D ]    Only I and II follow
[ E ]    None of the above
Answer : Option B
Explanation :
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