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I would go for A as well. But I have a doubt, couldn't there be a possibility that both the sets contain 0 numbers and in which case the Answer could be E.
Let me know if there is anything else which hints or takes out the later possibility?
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I guess the answer will be C

Statement 1: 7x=8y which means x=8y/7 and question says x<70 we can say 8y/7 < 70 which means y< 490/8 hence Insufficient.
Statement 2: 0.4x common integers in two sets X and Y and as x<70 x can be 5,10,15,20,25....65 but no information about Y hence insufficient.

Combining both we can say X is a multiple of 5 and y will 7x/8 therefore y will be integer only when x is 40 80 and in the given question x<70 so when x=40 y =35.
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I guess the answer will be C

Statement 1: 7x=8y which means x=8y/7 and question says x<70 we can say 8y/7 < 70 which means y< 490/8 hence Insufficient.
Statement 2: 0.4x common integers in two sets X and Y and as x<70 x can be 5,10,15,20,25....65 but no information about Y hence insufficient.

Combining both we can say X is a multiple of 5 and y will 7x/8 therefore y will be integer only when x is 40 80 and in the given question x<70 so when x=40 y =35.
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chetan2u
There are x and y number of integers respectively in Set X and Set Y, where x<70. what is the value of positive integer y?..
1) 7x=8y
2) There are exactly 0.4x common integers in two sets X and Y.



Self Made


Explanation:-

Y is given as POSITIVE integer..
So both x and y are >0..

Let's see the statements

1) 7x=8y..
This tells us that x is MULTIPLE of 8 and y is MULTIPLE of 7..
X can be 8,16,24,32,40,48,56,64..
Hence insufficient

2) 0.4x integers are common..
Since 0.4x has to be an integer..
X has to be multiple of 5
So 5,10..65 possible
Hence insufficient

Combined
X is MULTIPLE of 5 and 8, so minimum value is 5*8=40..
Next value 80>70..
So x =40
Sufficient

C
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(1) x<70, and 7x=8y;
so the only possible values of x = 8,16,24,32,40,...
and corresponding values of y = 7,14,21,28,35...
Lots of possible solutions, therefore insufficient

(2) x<70 and common integers=0.4x=2x/5
So, for x=5,10,15,20,30,40,.. corresponding values of common integers = 2,4,6,8,10,12...
Again lots of possible solutions, therefore insufficient

(1)+(2)
x=40, (not 80 as x<70)
So y = 35
Sufficient

Answer: C
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