Let the total number of students in the class be \( n \).
- From condition I, the average marks of the class were 70. This means the total marks of the class, denoted by \( T \), is:
\[
T = 70 \times n
\]
- From condition II, 10 students scored above the arithmetic mean (average) of the class. This means there are 10 students whose scores are greater than 70.
Since the total number of students who scored above the average is 10, and no other information is provided, we can conclude that the number of students who scored more than the average is 10.
Thus, the correct answer is \( \boxed{2} \).