The following question is accompanied by two statements (I) and (II). You have to determine which statement(s) is/are sufficient/necessary to answer the questions.

If a shopkeeper sold an article for Rs. 3060, then what will be the profit earned by the shopkeeper by selling the article? 

I. He got 15% discount on labeled price while buying that article. 

II. He earned a profit of 2% on the labeled price on selling that article.