Correct Answer:

Solution : According to the given figure series, in every alternate box, the letters shift their position following the below pattern –
1. From Box 1 to Box 2 – R and A interchange their position. E shifts to the first position and is followed by O and P at the second and third positions at the centre.

2. From Box 2 to Box 3 – E and O interchange their position. R shifts to the third position and is followed by P and A at the fourth and fifth positions at the centre.

So, following the above pattern, the required figure will be –

Hence, the second option is correct.