The question consists of three statements numbered “I”, "II", and “III” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question or not and choose the correct option accordingly.

A coloring book has x number of pages. The book has 4 white-colored pages, 8 red-colored pages, and y yellow-colored pages. What is the value of x and y?

Statement (I):  When one page is taken out from the book at random, the probability of the page being a yellow-colored page is the same as the probability of the page being a red-colored page.

Statement (II): When one page is taken out from the book at random, the probability of the page being a white-colored page is double the probability of the page being a red-colored page.

Statement (III): Sum of the total number of pages in the book of white and red color is more than the total number of pages in the book of yellow color.