The correct option is B Product B
Keto group on reacting with peroxy acid, it get oxidised to ester compound.
In this reaction, the oxygen from peroxy acid is getting inserted between the ketone and the R group.
This reaction is called Baeyer- Villiger oxidation.
If it is a unsymmetrical ketone, then, ‘O’ insertion occurs between the carbonyl group and the R group which have higher migratory aptitude.
The order of migratory aptitude in Baeyer villiger oxidation is
H>3o>2o>Ph>1o>CH3
Hence, 'O' is inserted between the keto and secondary alkyl group in the given reaction. Thus, product B is major.