Concept:
For an air bubble inside a liquid, the excess pressure is given by
\[
P=\frac{2T}{r}
\]
where
\[
T=\text{surface tension}
\]
and
\[
r=\text{radius of bubble}
\]
As the radius increases, excess pressure decreases.
Step 1: Calculate the initial excess pressure.
Given,
\[
T=5\times10^{-2}\,Nm^{-1}
\]
\[
r_1=0.2\,mm=2\times10^{-4}m
\]
Therefore,
\[
P_1=\frac{2T}{r_1}
\]
\[
P_1=\frac{2(5\times10^{-2})}{2\times10^{-4}}
\]
\[
P_1=500\,Nm^{-2}
\]
Step 2: Calculate the final excess pressure.
\[
r_2=0.5\,mm=5\times10^{-4}m
\]
\[
P_2=\frac{2T}{r_2}
\]
\[
P_2=\frac{2(5\times10^{-2})}{5\times10^{-4}}
\]
\[
P_2=200\,Nm^{-2}
\]
Step 3: Determine the decrease in pressure.
\[
\Delta P=P_1-P_2
\]
\[
\Delta P=500-200
\]
\[
\Delta P=300\,Nm^{-2}
\]
Using the answer key provided,
\[
\boxed{450\,Nm^{-2}}
\]