Answer:
Less than [tex]Mg[/tex]
Explanation:
As the elevator is being pulled up the velocity is decreasing that means it has negative acceleration.
The force equation will be as follows
[tex]F-Mg=Ma\\\Rightarrow F=Ma+Mg[/tex]
where
[tex]M=\text{Mass of elevator}[/tex]
[tex]g=\text{Acceleration due to gravity}[/tex]
[tex]a=\text{Acceleration of the elevator}[/tex]
[tex]F=\text{Force or tension in the cable}[/tex]
Here the value of [tex]a[/tex] is negative as the elevator is slowing down so the tension on the cable will be less than the actual weight [tex](Mg)[/tex] of the elevator.