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Bunuel
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Are all elements of set S smaller than 40 ? This is DS question and its answer is either Yes or No.

Statement 1 states The smallest element of Set S is -1.This tells us nothing about other elements present in the Set. It is clearly insufficient.

Statement 2 states The range of Set S is 41. Range is defined as the difference between Largest and smallest term of the set. SO this does not provide us any information about the actual terms of the set.

If we combine statement 1 and 2 then, In Set S

Largest Term - Smallest Term = 41

Largest Term -(-1)=41

Hence largest term = 40
Hence the answer to our questions whether all elements of set S are smaller than 40 is No.

Hence C is the correct Option.
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I have edited the question and the solution by adding more details to enhance its clarity. I hope it is now easier to understand.
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