Let AB and CD be two mutually perpendicular diameters of the disc. Take them as X and Y-axes and the line perpendicular to the plane of the disc through the centre as the Z-axis. The moment of inertia of the ring about the Z-axis is I=12MR2. as the disc uniform, all of its distance are equivalent and so Ix=Iy, From the perpendicular axes theorem,
Iz=Ix+Iy Hence Ix=Iz2=MR24