The correct option is B Sound wave 2 is more shrill than sound wave 1.
For a sound wave,
Loudness ∝ Amplitude and Pitch ∝ frequency.
From the graph given in the question, sound wave 2 has higher frequency than the sound wave 1. So, the shrillness of the sound wave 1 is less than that of the sound wave 2.
And the amplitude of sound wave 1 is more than the amplitude of sound wave 2. So, the loudness of sound wave 1 is greater than the loudness of sound wave 2.