In the given elliptical P_V diagram :

Answer & explanation
Correct answer: option 3
The work done = area of P-V diagram :
\(a = \frac{V_1-V_1}{2}, b = \frac{P_2-P_1}{2}\)
W = \(\pi (\frac{V_2-V_1}{2}) (\frac{P_2-P_1}{2})\)
But the cyclic process is anticlockwise. Thus, the work done is negative.