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Option 2 : Only conclusion II follows.
The least possible Venn diagram is given below:
[ alt="F1 V.B Madhu T.T.P 23.11.19 D4" src="//storage.googleapis.com/tb-img/production/19/11/F1_V.B_Madhu_T.T.P_23.11.19_D4.png" style="width: 298px; height: 76px;">
Conclusions:
I. Some erasers are a pen → False (It is possible but, not defined hence, false).
II. some pencils are a pen → True (It is defined).
III. Some markers are a pencil → False (It is possible but, not defined hence, false).
Hence, the correct answer is only conclusion II follows.
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