The most likely true statement about the yellow solid formed in the demonstration is:
C. It is a new substance with different properties.
When potassium iodide (KI) is mixed with lead nitrate (Pb(NO₃)₂), a chemical reaction occurs, resulting in the formation of lead iodide (PbI₂), which is a yellow solid. This means that the yellow solid is a new substance with different properties from both potassium iodide and lead nitrate.