Directions: The given question is followed by two statements I and II. You have to determine which of the statements is/are necessary/sufficient to answer the question. A bakery sold a total of 5 cakes and 3 pies for \$37.50. What was the price of the 5 cakes? I. If the price of the 5 cakes had been reduced by 15 percent and the price of the 3 pies had been reduced by 10 percent, the total price would have been \$32.50. II. The price of the 5 cakes was $12.50 more than the price of the 3 pies.
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