Assertion :The precision of a measurement depends on least count of measuring instrument. Reason: Smaller the least count greater is number of significant figures in measurement value.
Least count of an instrument is the smallest value which can be measured. Accuracy is the ability to measure the value closer to the correct actual value.Accuracy is affected by the holding position of an instrument, ability to read the right value, temperature & humidity.
Therefore both assertion and reason are correct explanation for
assertion.