Often in geometry DS questions, we can see what the GMAT is hinting at - all we need to do is to find the proof.
We're given that ABC and KLM are both right triangles, but we don't know what kind of right triangles, because we don't know any other angle measurements. We're told that the area of ABC is 4 times the area of KLM, which is a strong indication that these might be SIMILAR TRIANGLES. Similar triangles with an area ratio of 4:1 will have side length ratios of 2:1.
So we could think of the question as - are these similar triangles? If so, then the hypotenuse of ABC will be twice the hypotenuse of KLM.
Statement 1: If both triangles have a 55 degree angle, and both have a 90 degree angle, then they each have a 35 degree angle, too. They're similar! Sufficient
Statement 2: This gives us more about KLM, but doesn't allow us to compare anything about ABC. Insufficient.
Ceilidh Erickson
EdM in Mind, Brain, and Education
Harvard Graduate School of Education