In a race A, B and C take part A beats B by 30 meters, B beats C by 20 meters and A beats C by 48 meters.
Given below are two statements:
Statement I : The length of the race is 300 meters.
Statement II : The speed of A, Band C are in the ratio 50 : 45 : 40.
In the light of the above statements, choose the correct answer from the options given below:

A

Both Statement I and Statement II are true

B

Both Statement I and Statement II are false

C

Statement I is true but Statement II is false

D

Statement I is fa lse but Statement II is true