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Solutions
The correct answer is option 4 i.e GBVTKUB
APPLE : CTVTO
A + 2 = C, P + 4 = T, P + 6 = V, L + 8 = T, E + 10 = O
Similarly for EXPLAIN,
E + 2 = G, X + 4 = B, P + 6 = V, L + 8 = T, A + 10 = K, I + 12 = U, N + 14 = B
Hence, the correct answer is GBVTKUB.