Step 1: Recall cutting speed formula
Cutting speed ($V$) = $\frac{\pi D N}{1000}$, where $V$ is in m/min, $D$ is diameter in mm, $N$ is spindle speed in RPM.
Given: $V = 120$ m/min, $D = 50$ mm.
Step 2: Rearrange for N
$N = \frac{V \times 1000}{\pi D}$.
Step 3: Substitute and calculate
$N = \frac{120 \times 1000}{\pi \times 50}$.
$\Rightarrow N = \frac{120000}{157.08} \approx 764$ RPM.