JEE Main 2024 Physics question

Young's modulus is determined by the equation given by Y = 49000 where M is the mass and ℓ is the extension of wire used in the experiment. Now error in Young modules (Y) is estimated by taking data from M–ℓ plot in graph paper. The smallest scale divisions are 5 g and 0.02 cm along load axis and extension axis respectively. If the value of M and ℓ are 500 g and 2 cm respectively then percentage error of Y is:

• (A)0.2 %
• (B)0.02 %
• (C)2 %Correct
• (D)0.5 %