What is the rate of interest percent per annum?
I. The difference between the compound and simple interest on an amount of Rs. 1,15,500 is Rs. 415.8 at the end of 2 years
II. The simple interest earned at the end of one year is Rs. 2420.

A

If the statement I alone is sufficient to answer the question.

B

If the statement II alone is sufficient to answer the question.

C

If both the statement I and II alone are sufficient to answer the question but neither statement alone is sufficient

D

If both the statements I and II together are not sufficient to answer the question and additional data is required.