Ram got Rs. 1,500 as dividend from a company. What is the rate of interest given by the company?
(I) The dividend paid last year was 10%.
(II) Ram has 350 shares of Rs. 10 denomination.

A

Statement I alone is sufficient to answer the question.

B

Statement II alone is sufficient to answer the question.

C

Both statements I and II together are necessary to answer the question.

D

Both statements I and II together are not sufficient to answer the question.