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Option 2 : Only conclusion III follows and either I or II follow.

The least possible Venn diagram for the given statements is as follows,

[ alt="CGL17 05-Aug shift 3 Radhika (1) hindi hrev (1) images Q18" src="//storage.googleapis.com/tb-img/production/18/12/CGL17_05-Aug_shift_3_Radhika%20%281%29_hindi_hrev%20%281%29_images_Q18.PNG" style="width: 226px; height: 89px;">

Conclusions:

I. No leather is cloth → False (it may be possible but not definite).

II. Some leather are cloth → False (it may be possible but not definite).

III. Some leather are purses → True

The statements I and II make a complementary pair.

Hence,  Only conclusion III follows and either I or II follow.
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