Each question below is followed by two Statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose between the possible answer Give answer
What is the per cent profit earned by selling a car for Rs.640000?
I. The amount of profit earned on selling the car was Rs. 320000
II. The selling price of the car was twice the cost price.

Options

A. if the Statement I alone is sufficient to answer the question but the Statement II alone is no sufficient
B. if the Statement II alone is sufficient to answer the question but the Statement I alone is not sufficient
C. if both Statement I and II together are needed to answer the question
D. if either the Statement I alone or Statement II alone is sufficient to answer the question