Ram invested a sum of Rs. 80, 000 in scheme A offering simple interest. What is the interest earned by him after 2 years? Statement I : If Rajan had invested the same money for same time at the same rate of interest but compounded annually, he would have gained Rs. 1800 more Statement II : Scheme B offers an interest rate of 10%, compounded annually. If Rajan had invested the money partially in Scheme A and rest in scheme B, then the interest earned by him after 2 years will be Rs. 15600

• A. The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
• B. The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
• C. Either Statement I or Statement II alone is sufficient to answer the question.
• D. The data in both the statements I and II is not sufficient to answer the question.
• E. The data in both the statements I and II together is necessary to answer the question.