IMO, C
I1 = P1*x
I2= (60,000-P1)*y
statement 1--->
x=3y/4
I1+I2= 4080 = P1*x + (60,000-P1)*4/3*x
1 equation, 2 unknowns ( P1 and x) ...INSUFFICIENT
statement 2-->
I1/I2 = 3/2 = (P1*x)/(60,000-P1)*y
1 equation, 2 unknowns( P1 and y) ..INSUFFICIENT
Together, we get y=4/3*x and 2 equations with 2 unknowns..SUFFICIENT