What was the per cent profit /loss earned incurred by selling an article for ₹ 24000? I. The ratio of the selling price to the cost price of the article is 5 : 3. II. The difference between the cost price and the selling price is ₹ 9600.

• If the data in Statement I alone are suffcient to answer the question while the data in Statement II alone are not sufficient to answer the question
• If the data in Statement II alone are sufficient to answer the question while the data in Statement I alone are not sufficient to answer the question
• If the data in Statement I alone or in Statement II alon are sufficient to answer the question
• if the data in both the Statement I and II are not sufficient to answer the question