It is given the binary operation *:

Thus, X is the identity element for the given binary operation *.
Now, an element A ∈ P(X) is invertible if there exists B ∈ P(X) such that
A * B = X = B * A [As X is the identity element]
or
A∩ B = X = B ∩ A
This case is possible only when A = X = B.
Thus, X is the only invertible element in P(X) with respect to the given operation*.
Hence, the given result is proved.