In this question, a group of numbers/symbols is coded using letters as per the table gives below and the conditions which follow. The correct combination of codes following the conditions is your answer.

Number/Symbol

$

3

@

8

%

2

#

&

6

​φ​

x

7

5

​Φ​

Code

A

V

L

K

R

M

B

F

N

T

E

C

S

W

Conditions:
(i) If the first element is a symbol and the last element is a number, the codes for these two (the first and the last elements) are to be interchanged.
(ii) If the first element is an odd number and the last element is an even number, the first and last elements are to be coded as 9
(iii) If both second and fourth elements are multiples of 3, both second and fouth elements are to be coded as the code for the second element.

# 376​φ​%

​​​​​Given: ​# 376φ​%​

(i) If the first element is a symbol and the last element is a number, the codes for these two (the first and the last elements) are to be interchanged. (Not follows)
(ii) If the first element is an odd number and the last element is an even number, the first and last elements are to be coded as 9 (Not follows)​
(iii) If both second and fourth elements are multiples of 3, both second and fourth elements are to be coded as the code for the second element. (Follows)

So, Fourth element (6) should be coded the same as the second element (3), which is 'V'.

So the code of  # 376φ% is BVCVTR

Thus, the correct option is (c)