This is an Inference question.
We should read the facts provided. This is not an argument/reasoning. Hence, there's no Prem/Conc to be found.
It can be helpful, though, to notice certain things as you read an Inference stimulus:
- Conditional language
- Causal language
- Quantitative language
- Contrast language
- Extreme language
Here, we have a blend of a lot of those:
conditional: "when alternative theories prove more useful, they take the place ..."
causal: "This causes common sense to progress"
contrast: "but, because it absorbs slowly"
extreme: "always progressing" / "always contains some obsolete theories"
There's too much to chew on, so we should spend our time with the answers, asking ourselves, "Can I prove this from the info provided?'
(A) The harshest, and therefore most important, part of this answer is the claim that something "will never be" absorbed into common sense. Did the info give us any means of proving something will NEVER be absorbed into common sense? It doesn't look like it.
(B) This makes a comparison between the older and newer theories in common sense. Does the stimulus make any comparison about which is "more useful"? It uses the concept of "more useful", but it does so as it compares whether an alternative theory (a theory NOT within the body of common sense) is more useful than a theory within the body of common sense. There's no mention of comparing one theory within the body of common sense to another theory within the body of common sense.
(C) The strongest wording here is "prevents". Do we know anything about "the frequency with which new theories are generated"? Nope. We do know that the absorption of new theories progresses slowly, but we don't hear why that's the case. Since we have no mention of how frequently new theories are generated, we can't speculate that the frequency of new theories is what explains the slow absorption.
(D) The strongest wording here is "each". Do we know that every single theory in common sense is eventually replaced by something more useful? No. The second sentence of the stimulus says "When" more useful alternatives develop. "When" is like "if". It's conditional/hypothetical. So "if" a newer, more useful theory develops, it will replace the older common sense theory. But we can't support that every single theory in the body of common sense one day comes up against a newer, more useful theory.
(E) This is the correct answer. We know that theories in the body of common sense have been tested over time and found useful (1st sentence). We know that theories in the body of common sense may one day come up against a more useful alternative theory (2nd sentence). We know that the newer theory will gradually become absorbed into the body of common sense and replace the obsolete theory (3rd sentence). Since we know that common sense is "always progressing" and "always contains some obsolete theories", we are guaranteed that at this moment there is at least one theory in common sense that is obsolete, and it will eventually be replaced by a more useful alternative theory that is not yet fully absorbed.
While the correct answer doesn't HAVE to synthesize all the information we were given, we can see how in this case, (E) does make use of all three claims in the stimulus.