The correct option is D Both Assertion and Reason are incorrect
Due to smaller size of oxygen molecules, it gets trapped inside the vacant space present in H2O, providing it higher solubility in water. Since solubility of oxygen in water is higher than that of nitrogen and other gases present in air, air dissolved in water contains a higher percentage of oxygen than contained in air. The solubility of gases in liquids depends on temperature. Hence, both the statements are incorrect