Solution:Let the present ages of ‘A’ and ‘B’ be ‘5x’ years and ‘6x’ years respectively.
For statement I:
(5x − 5) × 1.25 = (6x − 5)
6.25x − 6.25 = 6x − 5
0.25x = 1.25
So,
x = 5
So, sum of present ages of ‘A’ and ‘B’
= 6x + 5x = 11x
= 11 × 5 = 55
So, sum of ages of ‘A’ and ‘B’ after 12 years from now
= 55 + 12 + 12 = 79 years
Therefore, statement I is true.
For statement II:
(5x − 5) × 1.20 = (6x − 5)
6x − 6 = 6x − 5
−6 = −5 (not possible)
Therefore, statement II is false.
For statement III:
(5x − 5) × 1.40 = (6x − 5)
7x − 7 = 6x − 5
x = 2
So, sum of present ages of ‘A’ and ‘B’
= 6x + 5x = 11x
= 11 × 2 = 22 years
So, sum after ages of ‘A’ and ‘B’ after 12 years from now
= 22 + 12 + 12
= 46 years
Therefore, statement III is true.