What Happens when a Bar Magnet Approaches a Conducting Loop?

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april_angela
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Fig.35 shows a light and flexible conducting loop X freely hung on a smooth horizontal rail. A
bar magnet PQ approaches the loop from the right. Which one of the following descriptions
about this process is correct?



A If P is a N-pole, the loop will be repelled to the left and its area will increase slightly.
B If P is a S-pole, the loop will be attracted to the right and its area will decrease slightly.
C No matter whether P is a N-pole or a S-pole, the loop will be repelled to the left and its area
will increase slightly.
D No matter whether P is a N-pole or a S-pole, the loop will be repelled to the left and its area
will decrease slightly.

can anyone help me with this qns? I've attached the diagram alrdy. I am not sure if the area will increase or decrease. and why?
 

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