Step 1: Understanding the photoelectric effect.
The energy of a photon is given by:
\[
E = \frac{hc}{\lambda}
\]
Where \( h \) is Planck's constant, \( c \) is the speed of light, and \( \lambda \) is the wavelength.
The stopping potential \( V \) is related to the energy of the photon by:
\[
eV = \text{Energy of photon} - \text{Work function of metal}
\]
Step 2: Using the new wavelength.
For the new wavelength \( 2\lambda_0 \), the energy of the photon is halved, and the stopping potential decreases accordingly. Therefore, the new stopping potential will be:
\[
V_0 - \frac{hc}{2e\lambda_0}
\]
Thus, the correct answer is (B) \( V_0 - \frac{hc}{2e\lambda_0} \).