Step 1: Basis of phenolic acidity.
Acidity hinges on phenoxide ion stability; electron-withdrawing groups enhance acidity, while electron-donating groups diminish it.
Step 2: Impact of the nitro group.
–NO₂ exerts strong –I and –R effects, withdrawing electron density and stabilizing the phenoxide, thereby increasing acidity.
Step 3: Ortho vs meta nitrophenol.
o-nitrophenol benefits from both –I and –R effects for superior stabilization. m-nitrophenol mainly relies on –I effect, so o-nitrophenol is more acidic.
Step 4: Impact of the methyl group.
–CH₃ donates electrons via +I and hyperconjugation, destabilizing the phenoxide and making p-cresol less acidic than phenol.
Step 5: Overall acidity ranking.
Decreasing acidity: o-nitrophenol>m-nitrophenol>phenol>p-cresol, i.e., (iii)>(i)>(iv)>(ii).
Step 6: Conclusion.
Option (3) matches this order.