Bunuel
At a particular university with 200 students 30% receive only loans and 40% received only scholarships. What percent of the students receive neither scholarships nor loans?
(1) The same percentage of people who received neither scholarships nor loans received both scholarships and loans.
(2) The university spent twice as much money on loans as on scholarships
There are a total of 200 students. Let the two categories be Loans and Scholarships.
Where Set 2 = a, common = b , set 1 = c and n be none of those things included in a,b,c. T be the total. Total Students = T = 200
Set 2 include loans only , set 1 includes scholarships only.
given : 30% *(200) = 60 = Set 2 = Only Loans.
40%*(200) = 80 = Set 1 = Only Scholarships.
we need to find : n
Statement 1:
(1) The same percentage of people who received neither scholarships nor loans received both scholarships and loans.
200 = a+b+c+n
200 = 60+ 80 + b+n
b+n = 60
given b=n, this implies b=n=30
Hence,
Sufficient Statement 2:
(2) The university spent twice as much money on loans as on scholarships
The money spent is not related here.
Hence,
Insufficient Option A