Using Langevin's theory, the susceptibility \( \chi \) of a paramagnetic substance is related to the magnetic moment \( m \), the number of molecules \( N \), the permeability of free space \( \mu_0 \), the Boltzmann constant \( k \), and the temperature \( T \). The correct formula is:
\[ \chi = \frac{m^2 N \mu_0}{3kT} \]
Final Answer: \( \chi = \frac{m^2 N \mu_0}{3kT} \).