Correct option is C
Statement: B > F > P > L = K < W < M
Conclusions:
First option: F > K; True (As F > P > L = K, there is a direct relation between F and K, and it concludes that F > K.)
Second option: L < M; True (As L = K < W < M, there is a direct relation between L and M, and it concludes that L < M.)
Third option: P = K; False (As P > L = K, there is a direct relation between P and K, and it concludes that P > K.)
Fourth option: B > L; True (As B > F > P > L, there is a direct relation between B and L, and it concludes that B > L.)
Thus, only 'P = K' conclusion is not true.
So, the correct answer is (c).