The correct option is B V(ρ−σ)gh
Here, a body of volume V and density ρ is raised through height h, in a liquid of density σ. When the body is raised in liquid equal amount of liquid get displaced.
Let, m be the mass of body, m=ρV and P is the potential energy of body, P=mgh=ρVgh.
Now, equal mass of liquid displaced is m′=σV
Hence, P' be loss in potential energy of liquid of density σ when it replaces the volume V when liquid of density ρ has raised, P′=σVgh.
the increase in potential energy is
P=P−P′=ρVgh−σVgh
P=V(ρ−σ)gh