Question

In each of the following questions, a question is followed by two statements. Read both the statements and find which statements are required to answer the question and answer accordingly. If Amit's and Bimal's annual salaries in 2021 were each 20% higher than their respective annual salaries in 2020, what was Amit's annual salary in 2020? Statement I: The sum of Amit's and Bimal's annual salaries in 2021 was Rs. 6,60,000. Statement II: The sum of Amit's and Bimal's annual salaries in 2020 was Rs. 5,00,000.

A Statement I alone is sufficient to answer the question, while Statement II alone is not sufficient.
B Statement II alone is sufficient to answer the question, while Statement I alone is not sufficient.
C Either Statement I alone or Statement II alone is sufficient to answer the question.
D Both Statements I and II together are not sufficient to answer the question.
E Both Statements I and II together are necessary to answer the question.
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