If the floating-point (FP) instructions of an application on a specific processor C1 consumes 60% of the total execution time. Moreover, in the same application, 25% of the floating-point time is taken to do square root calculations. A new processor C2 is developed. This new processor could either enhance the performance of FP instructions by a factor of 1.5 or alternatively increase the performance of the square root operation by a factor of 8. Which of the following statements are true?