Step 1: Understanding the potentiometer principle.
The potential difference across the wire is proportional to its length. Hence, the e.m.f. of the cell can be calculated using the formula:
\[
E = \frac{l}{L} \times V
\]
where \( E \) is the e.m.f., \( l \) is the balancing length, \( L \) is the total length of the potentiometer wire, and \( V \) is the potential difference across the wire.
Step 2: Applying the formula.
Substitute the given values:
\[
E = \frac{100 \, \text{cm}}{400 \, \text{cm}} \times 3 \, \text{V} = 0.75 \, \text{V}
\]
Step 3: Conclusion.
The correct answer is (C) 0.75 V.