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Option 4 : All the statements are sufficient to answer the question.
Considering statement 1
Take speed of both boats = x m/s
Considering statement 2
Rate of flow of water = 5 m/s
Considering statement 3
Distance between A and C = 1000 m and distance between C and B = 500 m
C is the point where they meet
Time taken by Boat 1 to reach at C point = 1000/(x + 5) {Downstream Flow}
Time taken by Boat 2 to reach at C point = 500/(x – 5) {Upstream Flow}
⇒ 1000/(x + 5) = 500/(x – 5)
⇒ x = 15 m/s
All the variables are known now, which are required to answer the question using all 3 statements
∴ All the statements are sufficient to answer the question.
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