Based on the given statements, select the most appropriate option to solve the question.
Sheetal wants to sell her bicycle at either a profit of K% or a loss of K%. What is the value of K?
Statement 1: Difference between the amount Sheetal gets in the 2 cases is 2560
Statement 2: If Sheetal’s profit is Rs K, her profit in percentage is 7.5%.
A Statement 1 alone is sufficient, but statement 2 alone is NOT sufficient.
B Statement 2 alone is sufficient, but statement 1 alone is NOT sufficient.
C Both statements together are sufficient, but neither statement alone is sufficient.
D Statement 1 and 2 together are NOT sufficient