Statement (I) : One-fourth of sixty percent of a number is equal to two-fifth of twenty percent of another number. Then the respective ratio of the first number to the second number is 8:15.
Statement (II) : A student is studying for a test from 11:00 am to 8:00 pm on weekdays and one-third of that time on Saturday. On Sunday, he takes a break and goes for a movie. The fractional part of the entire week that the student is studying is 3/7.
In the light of the above statements, choose the correct answer from the options given below :