The correct option is
D Electric Field at P - Electric Potential at P, downward - Zero
We know that electric field lines goes from positive charge to negative charge , as the total positive charge is upside of the circle and negative charge is downside of the circle therefore the direction of electric field will be downward while field lines are passing through point P .
Now let each charge has the magnitude q and r be the radius of circle ,
then electric field at P due to positive charges ,
E′=k(q/r2+q/r2+q/r2)=3kq/r2 , (downward)
electric field at P due to negative charges ,
E′′=k(q/r2+q/r2+q/r2)=3kq/r2 , (downward)
net electric field at P ,
E=E′+E′′=3kq/r2+3kq/r2=6kq/r2 (downward)
now total potential due to three positive charges at point P will be ,
V′=k(q/r+q/r+q/r)=3kq/r ,
total potential due to three negative charges at point P will be ,
V′′=k((−q/r)+(−q/r)+(−q/r))=−3kq/r ,
therefore net potential at P ,
V=V′+V′′=3kq/r−3kq/r=0