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In the question three statements are given, followed by three conclusions, I, II and III. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.
Statement I: All success is victory
Statement II: All luck is success
Statement III: Some hard work is luck
Conclusion I: Some success is hard work
Conclusion II: Some hard work is victory
Conclusion III: No victory is luck
The basic diagram for the given statements is
I. Some success is hard work
From the basic diagram, some success is hard work. Hence conclusion I follows.
II. Some hard work is victory
From the basic diagram, some hard work is victory. Hence conclusion II follows.
III. No victory is luck
From the basic diagram, some victory is luck. Hence conclusion III do not follow.
$$\therefore\ $$Only conclusions I and II follow the given statements
Hence, the correct answer is Option A
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