The correct statement is:
Less than 68 seconds as the rate of reaction is higher for warm water.
Explanation: The dissolution rate of effervescent tablets is generally faster in warm water compared to cold water. This is due to higher kinetic energy of particles in warm water, which leads to increased collisions between the water molecules and the tablet, facilitating the reaction and dissolution process. Therefore, the time taken for the tablet to dissolve in warm water is expected to be less than that in cold water.