What is the value of $x$ ?

(1) Tony spent $100 to buy $N$ cakes, where the price of each cake is x dollars.
(2) Tony spent $150 to buy $N + 5$ cakes, where the price of each cake is $x + 1$ dollars.

Correct answer marked below

Statement (1) ALONE is sufficient

Statement (2) ALONE is sufficient

BOTH statements TOGETHER are sufficient

EACH statement ALONE is sufficient

Statements (1) and (2) TOGETHER are NOT sufficient

Correct

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What this question tests

Your ability to manipulate linear and quadratic expressions, substitute unknowns, and solve equations under time pressure.

Losing a sign when moving terms across the equals sign, or dividing both sides by a variable that could equal zero.

What is the value of xxx?(1) Tony spent $100 to buy NNN cakes, where the price of each cake is x dollars.(2) Tony spent $150 to buy N+5N + 5N+5 cakes, where the price of each cake is x+1x + 1x+1 dollars.