Step 1: Moment of Inertia of a Disc.
The moment of inertia of a disc about an axis through its centre and perpendicular to its plane is given by:
\[
I = \frac{1}{2} M R^2
\]
where \( M \) is the mass of the disc and \( R \) is its radius. The mass of the disc is proportional to its volume, and since the thickness \( t \) of the discs is involved, we have:
\[
I_x \propto R^2 t
\]
For disc \( X \), the moment of inertia is proportional to \( R^2 t \). For disc \( Y \), with radius \( 3R \) and thickness \( \frac{t}{3} \), the moment of inertia becomes:
\[
I_y \propto (3R)^2 \cdot \frac{t}{3} = 9R^2 \cdot \frac{t}{3} = 27 R^2 t
\]
Thus, the ratio of the moments of inertia is:
\[
I_y = 27 I_x
\]
Step 2: Final Answer.
Thus, the relation between \( I_x \) and \( I_y \) is \( I_y = 27 I_x \).