At any instant 't'
Total energy of charge distribution is constant
i.e. 1/2mV² + KQ²/2R = 0 + KQ²/2R0
∴1/2mV² = KQ²/2R0 - KQ²/2R
∴V = √[KQ²/m(1/R0 - 1/R)] = C√(1/R0 - 1/R)
Also the slop of v-s curve will go on decreasing
∴Graph is correctly shown by option (1)