There is a square piece of paper with a hole that is denoted by the circle on the top right side in the given picture. You have to cut the paper in a manner that it forms two and only two separate pieces of paper and then rearrange the pieces in a manner that the holes come in the centre of the paper.
You can find some missing letters in the picture. By placing two particular letters in the spaces, you can form a nine lettered word beginning from one of the corners and going clockwise direction to the middle. Can you find out the letters and the word?