Correct Answer: 108

Solution : Given:
RUBBER is coded as 101 and JELLY is coded as 76.

Add 5 to the sum of the positional value of opposite letters of RUBBER and JELLY, to obtain the required code –
R→I→9; U→F→6; B→Y→25; B→Y→25; E→V→22; R→I→9
(9 + 6 + 25 + 25 + 22 + 9) + 5 = 101
Thus, RUBBER is coded as 101.
And in, JELLY is coded as 76 –
J→Q→17; E→V→22; L→O→15; L→O→15; Y→B→2
(17 + 22 + 15 + 15 + 2) + 5 = 76
Thus, JELLY is coded as 76.
Similarly, follow the same pattern for LABEL –
L→O→15; A→Z→26; B→Y→25; E→V→22; L→O→15
(15 + 26 + 25 + 22 + 15) + 5 = 108

Thus, LABEL is coded as 108. Hence, the first option is correct.