**SOLUTION****:**

__Using Statement (1)__

Of those who received a P, 40% were females.

=>0.4p students are females. However, since we know neither the values of P, F & I nor the percentage of students who received an F or I,

**Statement (1) alone is INSUFFICIENT to answer the question.**

__Using Statement (2) __

Of those who received either an F or I, 80% were males.

=>20% of the students who received either an F or I were females.

=> 0.2(F+I) students are females. However, since we know neither the values of P, F,

& I, nor the percentage of students who received a P,

**Statement (2) alone INSUFFICIENT to answer the question.**

** Using both (1) and (2)**From the two statements, we can say that the percentage of students in the class who were females is:

(0.4p + 0.2(F + I))/(P+ F + I) * 100

However, since we don’t know the values of P, F, and I,

__we can’t determine the numerical value of the expression above.__

**Statements (1) and (2) together are INSUFFICIENT.**

Thus **OPTION E**