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

When the paper is unfolded first to the top, a rhombus will appear towards the bottom left.

When the paper is unfolded second time to the top, a rhombus will appear towards the top left.

When the paper is unfolded again to the right, one rhombus each will appear towards the top right and bottom right.

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

Hence, the correct answer is Option B