Step 1: Recall photoelectric effect equation.
\[
K_{\text{max}} = \frac{1}{2} m v_{\text{max}}^2 = h \nu - \phi
\]
where \(\phi\) is work function, \(h\) Planck's constant, \(\nu = c/\lambda\).
Step 2: Express ratio of maximum velocities.
Given: \(v_1 = \frac{1}{3} v_2 \implies K_1 = \frac{1}{9} K_2\)
Step 3: Write kinetic energies in terms of wavelengths.
\[
K_1 = \frac{hc}{\lambda_1} - \phi, \quad K_2 = \frac{hc}{\lambda_2} - \phi
\]
Step 4: Apply ratio.
\[
\frac{K_1}{K_2} = \frac{1}{9} \implies \frac{\frac{hc}{\lambda_1} - \phi}{\frac{hc}{\lambda_2} - \phi} = \frac{1}{9}
\]
Step 5: Substitute \(\lambda_1 = 600 \, \text{nm}, \lambda_2 = 200 \, \text{nm}\).
\[
\frac{\frac{hc}{600} - \phi}{\frac{hc}{200} - \phi} = \frac{1}{9} \implies \phi = \frac{hc}{8}
\]
Step 6: Final conclusion.
Hence, the work function of the metal is:
\[
\boxed{\frac{hc}{8} \times 10^7 \, \text{J}}
\]