Correct option is : (2) Statement- I is correct statement- II is incorrect
Speed of sound in medium depends on elastic and inertia properly of medium.
for gas \(v = \sqrt{{}^B / {}_\rho}\)
for solids \(v = \sqrt{{}^Y / {}_\rho}\)
The elastic properly of solids happens to be many fold greater than that of elastic properly of gases.
Bulk modulus of gas depends on the process,
\(B = \frac{-\Delta P}{\Delta V / V}\), which varies between 0 to \(\infty\) therefore in general statement 2 is incorrect.