How many people did Casax Inc. employ in 2008?
(1) In 2007, Casax Inc.’s workforce numbered 100,000 people.
(2) In 2008, Casax Inc.’s workforce increased by 2 percent, or 2,000 people, over 2007.
Now, let's look at each statement individually and then at both of them together (if required):
Statement 1: In 2007, Casax Inc.’s workforce numbered 100,000 people.
This statement only tells us about the workforce number in the year 2007; no information about the year 2008 is given. Hence, this statement is insufficient alone.
Now, let's take a look at Statement 2 closely:
Statement 2: In 2008, Casax Inc.’s workforce increased by 2 percent, or 2,000 people, over 2007.
While this statement provides information about the workforce in 2008, notice - it only tells us about the workforce increase and not the workforce number as such. However, if you look at it closely, the question mentions that the workforce increased by 2% or 2,000 people over 2007.
So, if we assume the workforce number in 2007 as X, 2% increase would mean 0.02X = 2,000. Thus, X = 100,000
Thus, we can clearly conclude that Casax Inc. employed a total of X+2000 = 100,000+2000 = 102,000 in the year 2008, using Statement 2 alone.
Friendly advice: Be careful in such questions - when both a percentage change and the absolute change are given, they may uniquely determine the base value, making the statement sufficient.
As the answer can be uniquely determined using Statement 2 alone, the correct answer is
Option B - Statement 2 alone is sufficient.Hope this helps!