Correct option is B
Given word: ROMANCE
The given transformation rules for each letter in the word ROMANCE:
Each vowel → Change to the nearest succeeding consonant.
Each consonant → Change to the nearest succeeding vowel.
R (Consonant) → Next vowel is O
O (Vowel) → Next consonant is P
M (Consonant) → Next vowel is O
A (Vowel) → Next consonant is B
N (Consonant) → Next vowel is O
C (Consonant) → Next vowel is E
E (Vowel) → Next consonant is F
New word formed: OPOBOEF
So, The letter O appears three times.
Thus, the correct option is: (b)