The correct option is B akygx
In statement (i) and (ii), the common alphabet is 'S' and the common code letter is 'x'. So, code for letter 'S' is 'x'.
In statement (iv), there are two alphabet 'N' and correspondingly two coded letters 'k'. So, 'N' is coded as 'k'.
In statement (i) and (iii), the common alphabet is 'T' and the common code letter is 'y'. So, 'T' is coded as 'y'.
In statement (iii) and (v), the common alphabet is 'O' and the common code letter is 'a'. So, 'O' is coded as 'a'.
Again, in statement (iv) and (v), the common alphabet is 'E' and the common code letter is 'g'. So, 'E' is coded as 'g'.
Therefore, STONE is coded as 'xyakg' or 'akygx'.
Hence, option (B) is the correct answer.