Correct option is C

Logic: 1st + 1 = 3rd, 2nd -5 = 4th
Option A: TY → UT
T +1 = U
Y -5 = T
Option B: SX → TS
S +1 = T
X -5 = S
Option C: KI → LP
K +1 = L
I - 5 =D ≠ P (does not follow)
Option D: YD → ZY
Y +1 = Z
D - 5 = Y
Thus, the correct option is (c).