To solve this problem, let's denote the work done by the people involved and determine the time taken by the father to complete the job.
Let's assume the total work is to be completed in a unit, say one job.
\(\frac{1}{12} + \frac{1}{6} = \frac{1}{12} + \frac{2}{12} = \frac{3}{12} = \frac{1}{4}\) of the job per hour.
\(2 \times \frac{1}{4} = \frac{1}{2}\) of the job per hour.
\(\text{Time taken by father} = \frac{1}{\frac{1}{2}} = 2 \text{ hours}\)
Based on this calculation, we see that Statement 1 alone is sufficient to determine the time taken by the father to complete the job.
Let's analyze Statement 2:
Therefore, the correct answer is that Statement (1) alone is sufficient to answer the question.
If the price of a commodity increases by 25%, by what percentage should the consumption be reduced to keep the expenditure the same?
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