Read the given statement and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statement.
Statement:
Only students who work hard get good grades.
Conclusions:
I. Hard work is necessary for success.
II. Success is not important for those who do not work hard.
A daily wage labourer was engaged for a certain number of days for ₹5,850, but being absent on some of those days he was paid only ₹5,200. What was his maximum possible daily wage?