Question

A man invested a sum of Rs 60,000. He invested some part

at 8 % p.a. and remaining at 8.5% p.a. How much money did he invest at 8 % p.a.? Statement I: The total interest amount paid after 1 year was Rs 4800 Statement II: The interest on one sum was twice that on the other. Study the following information carefully and answer the given questions.

A If the data in statement I alone is sufficient to answer the question.

B If the data in statement II alone is sufficient to answer the question.

C If the data either in statement I alone or statement II alone are sufficient to answer the question

D If the data given in both I and II together are not sufficient to answer the question.

E If the data in both the statements I and II together are necessary to answer the question.