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Option 1 : Only conclusion I follows
The least possible Venn diagram is as follows:
[ alt="30.12.2018.014" src="//storage.googleapis.com/tb-img/production/18/12/30.12.2018.014.PNG" style="width: 293px; height: 150px;">
Conclusion I: No two-wheeler is a wheel → True (all wheels are bikes and no bike is a two-wheeler)
Conclusion II: All wheels are two-wheelers → False, it is not possible.
Hence, only conclusion I follows.
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