Hi Shalabh09,
The GMAT often finds ways to test you on concepts that you know, but in ways that you're not used to thinking about. This question isn't too difficult (I'd rank it in the low-600s), but it does test you on Quadratics in ways that you're probably not used to thinking about.
Bunuel's explanation showcases the necessary "math" involved, so I won't rehash any of that here. Instead, I'll talk about the 'patterns' that you're supposed to spot in the construction of this question.
First, we're asked for the value of X. This is a standard question to ask in DS.
Second, Fact 1 gives us what appears to be a Quadratic equation with some extra "math" thrown in. You're probably used to solving Quadratic equations when they are set equal to 0..... so do the necessary math to set THIS equation equal to 0 and solve. You'll find that there are 2 solutions: X = -3 and X = 2. Fact 1 is INSUFFICIENT
Third, Fact 2 shows us that X is based on the value of Y. Since Y could be ANY value, there are multiple values for X. Fact 2 is INSUFFICIENT. There IS another thing worth noting about Fact 2 though...Notice the "even powers".....no matter what value you plug in for Y, the value of X will ALWAYS be POSITIVE.....
Combined, we know.....
X = -3 or X = 2
X will ALWAYS be positive
Combined, SUFFICIENT
Final Answer:
GMAT assassins aren't born, they're made,
Rich