Step 1: Understanding the Concept:
Apparent weight changes in an accelerating lift.
Step 2: Detailed Explanation:
When stationary, $mg = 49$ N, so $m = 5$ kg. When lift moves downward with acceleration $a$, apparent weight = $m(g - a) = 5(9.8 - 5) = 5 \times 4.8 = 24$ N.
Step 3: Final Answer:
The reading will be 24 N.