The correct options are
A a new substance with new properties is produced.
B the chemical composition of reactant is changed.
C the change is permanent and cannot be reserved easily.
Iron reacts with oxygen in presence of water and undergoes a chemical change/reaction to give a new compound.
This is known as hydrated iron oxide; commonly called as rust.
Its chemical formula is Fe2O3.xH2O. The reaction involved is:
4Fe(s) + xH2O(l) + 3O2(g)→2Fe2O3.xH2O(s).
This change is permanent and hence, irreversible in nature.