Direction: The following question has two statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.

Find the time for which the principal was invested.

Statement I: The SI is Rs. 15 at 3% per annum.

Statement II: The principal is Rs. 500.

1
Statement I and Statement II together are sufficient to answer the question.
2
Only Statement II is sufficient to answer the question.
3
Statement I and Statement II together are not sufficient to answer the question.
4
Only Statement I is sufficient to answer the question.

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