I just started my GMAT preparation and this is my first post. So please correct/guide me if I am being wrong
I think, for this kind of questions, you just have to substitute some random numbers and test the given statements. By picking X=31, and Y=41, XY=1271; the given condition becomes False. But, if you pick X=61, and Y=61, XY=3721; the condition becomes True.
So the answer is E. Always be careful while picking up the numbers and do bunch of iterations and also keep your eye on the clock.
But what worries me is that it takes time if you pick the wrong numbers, but thanks for the help