Solution:The pattern followed here is :PYJ _ S _ LM _ YNMYY _ MB _ RM
MYVPY โ P Y J M / S Y L M / V Y N M / Y Y P M / B Y R M
1st letter is increasing by 3 and 3rd letter is increasing by 2. The 2nd and 4th letters remain the same.
Hence, "MYVPY" is the correct answer.