Step 1: Understanding the Concept
In a metre bridge, at balance \(\dfrac{R}{S} = \dfrac{l}{100 - l}\), where \(l\) is the length from the left end (in cm).
Step 2: Compute
\[ \frac{15}{45} = \frac{l}{100 - l} \Rightarrow 100 - l = 3l \Rightarrow l = 25 \text{ cm} \]
The centre of the wire is at 50 cm, so the null point is \(50 - 25 = 25\) cm from the centre. Option (C), 40 cm, and (A), 80 cm, are not the result of this balance.
Final Answer:
The null point is 25 cm from the centre, option (D).
\[ \boxed{25 \text{ cm}} \]