Each of the 30 students borrowed 2 books, so a total of 60 books were borrowed.
To find the percent of books read, we need to know how many of those 60 books were actually read.
Statement (1)
12 students read only 1 book each.
However, we do not know how many students read both books or how many read none.
Therefore, we cannot determine how many books were read in total.
Hence, Statement (1) is insufficient.
Statement (2)
6 students read neither book.
However, we do not know how many students read both books or only one.
Therefore, we cannot determine how many books were read in total.
Hence, Statement (2) is insufficient.
Statement (1) and Statement (2) combined
12 students read only 1 book, and 6 read neither.
That leaves 12 students who must have read both books.
Books read = (12 × 1) + (12 × 2) = 36.
Books borrowed = 60.
Percent read = (36 ÷ 60) × 100.
Hence, both statements together are sufficient to answer the question.
C is the correct answer choice.