Free body diagram when the elevator is going up;
The free-body equation is given as,
[tex]T_1-mg=ma[/tex]Here, T_1 is the tension in the rope while the elevator is going up, m is the mass of the body hanging from the ceiling, g is the acceleration due to gravity and a is the acceleration of the elevator.
Therefore, the tension in the rope while the elevator is going up is given as,
[tex]T_1=ma+mg\ldots(1)[/tex]Free body diagram when the elevator is going down:
The free-body equation is given as,
[tex]\begin{gathered} mg-T_2=ma \\ T_2=mg-ma\ldots(2) \end{gathered}[/tex]Here, T_2 is the tension in the rope while the elevator is going down.
On comparing equations (1) and (2) it is concluded that,
[tex]T_1>T_2[/tex]Therefore, the tension in the cord is the greatest when the elevator rises with increasing speed. Hence, option (2) is the correct choice.