A piece of paper is folded and punched as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.

When the paper is unfolded, the pattern of cutting will be similar in four parts of the paper.

When the paper is unfolded first to the top, a rhombus will appear at the centre of the left part of paper.

When the paper is unfolded again to the right, a rectangle will form at the centre of the paper and a rhombus will appear similarly on the right part of the paper.

$$\therefore\ $$When the opened it will appear as shown below

Hence, the correct answer is Option B