Step 1: Use the formula for the frequency of a stretched string.
For the \(n^{\text{th}}\) mode,
\[
f_n=\frac{n}{2L}\sqrt{\frac{T}{\mu}},
\]
where
\[
\mu=\frac{m}{L}
\]
is the mass per unit length.
For successive modes,
\[
f_{n+1}-f_n
=
\frac{1}{2L}\sqrt{\frac{T}{\mu}}.
\]
Step 2: Determine the wave speed.
Given,
\[
f_{n+1}-f_n
=
250-200
=
50\,\text{Hz}.
\]
Hence,
\[
50
=
\frac{1}{2(1.2)}
\sqrt{\frac{240}{\mu}}.
\]
Therefore,
\[
\sqrt{\frac{240}{\mu}}
=
50\times2.4
=
120.
\]
Squaring,
\[
\frac{240}{\mu}
=
120^2
=
14400.
\]
Thus,
\[
\mu
=
\frac{240}{14400}
=
\frac1{60}\,\text{kg m}^{-1}.
\]
Step 3: Calculate the mass of the wire.
Since
\[
m=\mu L,
\]
\[
m
=
\frac1{60}\times1.2
=
0.02\,\text{kg}
=
20\,\text{g}.
\]
Hence,
\[
\boxed{m=20\,\text{g}.}
\]
Therefore, the correct option is \(\boxed{(B)}\).