i think (b).....
becoz potential energy = 1/2 stress*strain....
when a metal wire elongates by hanging a load on it , the gravitational potential is decreased
then
a)this energy completely appears as increased kinetic energy of the block
b)this energy completely appears as incresed potential energy of wire
c) this energy completely appears as heat
d)none of these
some energy goes for the block as K.E and some as P.E of the spring and some of the remaining as dissipations such as heat,sound or any other means