The correct option is
D License
The rule for coding is :
i) The number corresponds to the first letter of word. (If the first letter is A, the number corresponds to it is 10 which is reverse of 01. Likewise, Z is written as 62 which is reverse of 26. Also, B is 20, C is 30 and so on.)
ii) The letter is the second letter of the word.
iii) Symbol corresponds to the number of letters in the word. (3−@, 4−#, 5−!, 6−.\ 7-\%,\ 8-*)$
∗21I% :
i)21 stands for 12th alphabet. ⇒L is the first letter of the word.
ii)I is the second letter of the word.
iii)%⇒ There are seven letters in the word.
The word which satisfies all these criteria is [C] License.