Each question below is followed by two statements A and B. You are to determine whether the data giving in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answers.
What is the rate percent per annum on an amount of Rs. 6000 deposited in Bank?
I. The simple interest for four year is Rs. 3600.
II. The difference between the simple interest and compound interest is Rs. 894.0375.