Ram got ₹ 1500 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 ₹ 10 denomination.

• if statement I alone is sufficient to answer the question.
• if statement II alone is sufficient to answer the question.
• if both statement I and II together are necessary to answer the question.
• if both statement I and II together are not sufficient to answer the question.