Read the following statements and identify the correct option.
$(i)$ Contractile vacuole takes part in osmoregulation and excretion.
$(ii)$ Food vacuole is formed by engulfing the food particles.
$(iii)$ The vacuole is bound by a double membrane called tonoplast.
$(iv)$ Vacuole can occupy up to $90$ percent of the volume of the cell.

• A
  $(i)$ and $(ii)$
• B
  $(ii)$ and $(iv)$
• C
  $(i), (ii)$ and $(iv)$
• D
  None of the above