Josh purchased several widgets for a total cost of $480. Every widget had the same price. What was the cost of 1 widget?

(1) If the price of each widget had been $2.00 less, the total cost would have been $160 less.

(2) If the price of each widget had been $1.50 more, the total cost would have been 25 percent more.

Statement 1 ALONE is sufficient to answer the question, but statement 2 alone is NOT sufficient.Statement 2 ALONE is sufficient to answer the question, but statement 1 alone is NOT sufficient.BOTH statements 1 and 2 TOGETHER are sufficient to answer the question, but NEITHER statement ALONE is sufficient.Each statement ALONE is sufficient to answer the question.Statement 1 and 2 TOGETHER are NOT sufficient to answer the question.