Step 1: Understanding the Concept:
This is a Data Sufficiency question where we need to determine if the given statements provide enough information to find a unique value for the total monthly rent. Let R be the total monthly rent.
Step 2: Detailed Explanation:
Evaluating Statement (1) Alone:
"The monthly rent per person for 4 people to share the rent... is \$375."
This can be written as an equation:
\[ \frac{R}{4} = \$375 \]
We can solve this equation for R by multiplying both sides by 4:
\[ R = 375 \times 4 = \$1500 \]
Since we can find a single, unique value for the rent, Statement (1) alone is sufficient.
Evaluating Statement (2) Alone:
"The monthly rent per person for 4 people... is \$125 less than the monthly rent per person for 3 people..."
The rent per person for 4 people is \(R/4\).
The rent per person for 3 people is \(R/3\).
The statement translates to the equation:
\[ \frac{R}{4} = \frac{R}{3} - 125 \]
This is a single equation with one variable, R. We can solve for R.
To eliminate the fractions, multiply the entire equation by the least common multiple of 4 and 3, which is 12:
\[ 12 \left( \frac{R}{4} \right) = 12 \left( \frac{R}{3} \right) - 12(125) \]
\[ 3R = 4R - 1500 \]
\[ 1500 = 4R - 3R \]
\[ R = \$1500 \]
Since we can find a single, unique value for the rent, Statement (2) alone is sufficient.
Step 3: Final Answer:
Both Statement (1) and Statement (2) are sufficient on their own to determine the total monthly rent. Therefore, the correct answer is (D).