Given below are two statements
Statement I: If the ratio of the speed of A and B is a ∶ b, then the ratio of the times taken by them to cover the same distance is b ∶ a
Statement II: Suppose two men are moving in the same direction at u m/s and v m/s respectively, where u > v, then their relative speed is (u + v) m/s
In light of the above statement, choose the most appropriate answer from the option given below
1. Both statement I and statement II are true
2. Both statement I and statement II are false
3. Statement I is correct but statement II is false
4. Statement I is incorrect but statement II is true