The correct answer is $\boxed{\frac{1}{12}}$ of strain at the initiation of strain hardening and about $\frac{1}{200}$ of maximum strain.
Elastic strain is the reversible deformation of a material when a load is applied. When the load is removed, the material returns to its original shape. Strain hardening is the strengthening of a material by
plastic deformation. When a material is plastically deformed, its microstructure changes, making it more difficult to deform further.The elastic strain for steel is about $\frac{1}{12}$ of strain at the initiation of strain hardening and about $\frac{1}{200}$ of maximum strain. This means that when a steel rod is stretched by 1%, it will return to its original shape when the load is removed. However, if
the rod is stretched by 10%, it will not return to its original shape and will be permanently deformed.The other options are incorrect because they do not accurately reflect the relationship between elastic strain and strain hardening.