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This is a tricky question on Numbers, testing you on the concepts of Prime numbers and factors. This is also a DS question where you can decide that the individual statements are insufficient, just by looking at them.

From the question statement, we know that p = 2,3,5, 7,………. We can also infer that Y should be a bigger number than X, since there are some factors of Y which may not be factors of X.

Statements I and II alone are insufficient, since they either talk about X or Y, but not both. Answer options A, B and D can be eliminated. Possible answer options are C or E.
Combining data from both the statements, we have X = 4p and Y = 8p. Therefore, we can conclude that Y = 2X or X = \(\frac{Y}{2}\).

For p = 2, X = 8 and Y = 16. Y has one more positive factor than X i.e. Y itself. But, for p = 3 or 5 or 7, Y will have 2 factors more than X, namely 8 and Y itself.

Therefore, even after combining, we are not sure whether Y will have one factor more than X or two factors more. This is because we not know the value of p, which is the definitive value we need to answer this question uniquely.
It’s a good idea, in such questions, to try a few values to see how the answers turn out. Based on this, you will be able to decide on whether the data is sufficient.

Hope this helps!
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