In cyclic/non-cyclic photophosphorylation ATP and NADPH is formed.

Explanation

### Step-by-Step Solution:

1. **Understanding Photophosphorylation**:
- Photophosphorylation is the process of converting light energy into chemical energy in the form of ATP and NADPH during photosynthesis.

2. **Cyclic Photophosphorylation**:
- In cyclic photophosphorylation, electrons are excited by light and transferred through a series of proteins in the thylakoid membrane.
- Instead of moving to NADP+, the electrons return to the reaction center (P700) of Photosystem I.
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