Directions: These questions are based on the price fluctuations of four commodities - arhar, pepper, sugar and gold during February - July 1999 as described in the figures below:

The price volatility of the commodity with the highest PV during the February-July period is approximately equal to:

A. 3%

B. 40%

C. 20%

D. 12%

Please do not use chat terms. Example: avoid using "grt" instead of "great".