The question has one critical word missing. Am assuming as follows:

A manufacturer produced x percent

more video cameras in 1994 than in 1993 and y percent more in 1995 than in 1994. If he produced 1000 video cameras in 1993, how many did he produce in 1995?

Video cameras produced in 1995 = 1000 * (1+x/100) * (1+y/100)

= 1000 * (1 + x/100 + y/100 + xy/10000) cameras

= 1000 + 1000/100 (x + y + xy/100) cameras

= 1000 + 10 (x + y + xy/100) cameras

Using statement (1), we know xy but not know x and y separately. Insufficient.

Using statement (2), we know x + y + xy/100 and so can calculate the expression above. Sufficient.

(B) it is.

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