Step 1: Find the standard cell potential.
The hydrogen electrode has higher reduction potential and acts as cathode.
\[
E^\circ_{cell}
=
E^\circ_{cathode}
-
E^\circ_{anode}
\]
\[
=
0-(-0.14)
\]
\[
=
0.14V
\]
Step 2: Write the overall cell reaction.
Anode:
\[
M \rightarrow M^{2+}+2e^-
\]
Cathode:
\[
2H^+ +2e^- \rightarrow H_2
\]
Overall reaction:
\[
M+2H^+
\rightarrow
M^{2+}+H_2
\]
Thus,
\[
n=2
\]
and
\[
Q
=
\frac{[M^{2+}]\,P_{H_2}}
{[H^+]^2}
\]
Since
\[
P_{H_2}=1,
\]
\[
Q=\frac{x}{(0.02)^2}
=\frac{x}{4\times10^{-4}}
=2500x.
\]
Step 3: Apply Nernst equation.
\[
E_{cell}
=
E^\circ_{cell}
-\frac{0.06}{2}\log Q
\]
\[
0.077
=
0.14
-0.03\log(2500x).
\]
\[
0.03\log(2500x)
=
0.14-0.077
=
0.063.
\]
\[
\log(2500x)
=
\frac{0.063}{0.03}
=
2.1.
\]
\[
2500x
=
10^{2.1}.
\]
\[
x
=
\frac{10^{2.1}}{2500}.
\]
Now,
\[
2500
=
25\times100
\]
\[
\log 2500
=
\log25+2
=
2(0.699)+2
=
3.398.
\]
Hence,
\[
\log x
=
2.1-3.398
=
-1.298.
\]
\[
x
=
10^{-1.298}
\approx 0.05.
\]
Final Answer:
\[
\boxed{x=0.05}
\]
\[
\boxed{\text{Answer = (A)}}
\]