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Forget conventional ways of solving math questions. In DS, VA (Variable Approach) method is the easiest and quickest way to find the answer without actually solving the problem. Remember that equal number of variables and independent equations ensures a solution.
Since we have 3 variables and 0 equation, E is most likely to be the answer.
Conditions 1) & 2)
From the condition 1) and 2),
|x+y| = |x| + |y| is equivalent to xy ≥ 0 and |y+z| = |y| + |z| is equivalent to yz ≥ 0. Then we have xy^2z ≥ 0 or xz ≥ 0.
x = 1, y = 0, z = 1 implies xz = 1 > 0.
x = -1, y = 0, z = 1 implies xz = -1 < 0.
Both conditions together are not sufficient.
The answer is E.
For cases where we need 3 more equations, such as original conditions with “3 variables”, or “4 variables and 1 equation”, or “5 variables and 2 equations”, we have 1 equation each in both 1) and 2). Therefore, there is 80 % chance that E is the answer, while C has 15% chance and A, B or D has 5% chance. Thus, E is most likely to be the answer using 1) and 2) together according to DS definition. Obviously, there may be cases where the answer is A, B, C or D.