I agree with C)
We can draw a grid or use the actual formula.
I will try to use the formula
Since we are aksed for a fraction and not an actual number lets take the toal to be 1 (since we are working wiht fractions)
Total = Group1 exclusive + Group2 exclusive + both + neither (1)
(Note this formula is not the same as
Total = group1 + group2 - both + neither (2)
group1 = Group1 exclusive + both
group2 = Group2 exclusive + both
Thus from (2) I can get to (1) - Use the different variations based on what given in the problem
Coming to the problem:
Stmt I
Group I exclusive = 1/3
Still Group2 exclusive + both missing
INSUFF
Stmt II
Group2 exclusive + both = 1/2
INSUFF
Group I exclusive missing
Stmt I and II toegther
Total = Group1 exclusive + (Group2 exclusive + both) + neither
1 = 1/3 + (1/2) + neither
neither = 1 - 1/3-1/2
= 1/6
SUFFICIENT since we just need to find the fraction
Choose C)