Explanation:

- The coding seems to involve assigning a numeric value to each letter based on its position in the alphabet:

- A = 1, B = 2, C = 3, ..., Z = 26.

- For ‘GRAY’:

- G = 7, R = 18, A = 1, Y = 25, hence coded as '718125'.

- For ‘FOMK’:

- F = 6, O = 15, M = 13, K = 11, hence coded as '6151311'.

- Apply the same method to ‘CBHL’:

- C = 3, B = 2, H = 8, L = 12.

- Therefore, ‘CBHL’ is coded as '32812'.

?? Option 2: 32812

- This matches the calculated code for ‘CBHL’.

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