We are given the following data
Person A: mass = 88.5 kg and time = 12.46 seconds
Person B: mass = 72 kg and time = 8.07 seconds
Person C: mass = 56 kg and time = 7.21 seconds
Person D: mass = 53 kg and time = 7.06 seconds
We are given the following conclusion
"The person with the most mass did the most work and exerted the most power"
Recall that the work done in climbing the stairs is given by

Where m is the mass of the person, g is the acceleration due to gravity, and h is the height of the stairs.
Since g and h are constant for all people, the work done is directly proportional to the mass of the people.

As you can see, the person with the most mass did the most work.
Recall that the power is the rate of doing work and is given by

Where W is the work done and t is the time.

Notice that person B exerted the most power although he had done less work than person A.
Therefore, the second part of the conclusion is not correct.
This is due to the fact that power also depends on time, power will be greater if work is being done in a short period of time.