Given below are two statements, one is labelled as Assertion A and the other is labelled as Reason R:Assertion A: The English East India Company eliminated their Portuguese and Dutch trade rivals by the end of the Seventeenth century.Reason R: The English traders sold goods of superior quality at cheaper rates.Read the above statements and select the correct answer from the codes given below:Codes:

• A. Both A andR are true, andR is the correct explanation ofA
• B. Both A andR are true butR is not the correct explanation ofA
• C. A is true, butR is false
• D. A is false, butR is true