An amount of money was lent for 3 years. What will be the difference between the simple and the compound interest earned on it at the same rate? I. The rate of interest was 8 p.c.p.a. II. The total amount of simple interest was Rs. 1200.

1. A Option A: I alone sufficient while II alone not sufficient to answer
2. B Option B: II alone sufficient while I alone not sufficient to answer
3. C Option C: Either I or II alone sufficient to answer
4. D Option D: Both I and II are not sufficient to answer
5. E Option E: Both I and II are necessary to answer

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