What is the rate of interest 'R'?
I) The compound interest on Rs.3 500 in 2 years at the rate 'R' is equal to the simple interest in 4 years on Rs.1855
II) In 7 years, Rs. 2.300 at rate the 'R' becomes Rs. 4232 by simple interest.

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 the statements I and II together 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.