GMAT Test Prep: DS-23022857 GMAT Data Sufficiency

In Jefferson School, 300 students study French or Spanish or both. If 100 of these students do not study French, how many of these students study both French and Spanish?

(1)Of the 300 students, 60 do not study Spanish.

(2)A total of 240 of the students study Spanish.
Select one of the following answer choices