Choose the correct statement regarding dependence of electric potential at a point due to an electric dipole:

inversely proportional to the square of the distance from the center of dipole and depends on the angle between the position vector $\vec{r}$ and dipole moment vector $\vec{p}$

The correct answer is Option (4) → inversely proportional to the square of the distance from the center of dipole and depends on the angle between the position vector $\vec{r}$ and dipole moment vector $\vec{p}$