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Statement: An advertisement: "Our shoes are for the rich."
Assumptions:
Many people like to be labelled as rich.
One cant become rich unless one has that brand of shoes.

Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Neither I nor II is implicit
Explanation:

Answer: Option A
Explanation:
The statement stresses on the point that this particular brand of shoes is worn by affluent and upper-class people as they are good-quality shoes. And an advertisement highlights the feature which most people desire. So, I is implicit. But it doesnt mean that one has to have those shoes to be called rich. So, II is not implicit.
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