Step 1: int i=5, j=2; Here variable i and j are declared as an integer type and initialized to 5 and 2 respectively.

Step 2: fun(&i, &j); Here the function fun() is called with two parameters &i and &j (The & denotes call by reference. So the address of the variable i and j are passed. )

Step 3: void fun(int *i, int *j) This function is called by reference, so we have to use * before the parameters.

Step 4: *i = *i**i; Here *i denotes the value of the variable i. We are multiplying 5*5 and storing the result 25 in same variable i.

Step 5: *j = *j**j; Here *j denotes the value of the variable j. We are multiplying 2*2 and storing the result 4 in same variable j.

Step 6: Then the function void fun(int *i, int *j) return back the control back to main() function.

Step 7: printf("%d, %d", i, j); It prints the value of variable i and j.

Hence the output is 25, 4.