Final answer:
The compound X used for drinking with a pH of 7 is water (H2O). The acidified solution of X produces hydrogen (H2) and oxygen (O2) gases through electrolysis. The reaction equation is 2H2O(l) → 2H2(g) + O2(g).
Step-by-step explanation:
The compound X used for drinking, with a pH of 7, is Water (H2O). When its acidified solution undergoes decomposition in the presence of electricity, it produces gases Y = Hydrogen (H2) and Z = Oxygen (O2). The formula of the reaction involved is 2H2O(l) → 2H2(g) + O2(g).