Step 1: Approach
Write the energy balance with heat capacities.
Step 2: Balance
Water has heat capacity $1000\times4.2=4200$ J/K. Water rises by 50 K, the metal falls by 500 K, a factor of 10 larger.
Step 3: Equation
$C_{metal}\times500=4200\times50$, so $C_{metal}=\dfrac{4200}{10}=420$ J/K.
Step 4: Answer
Option (A).
Final Answer:
The water gains 210000 J while the metal falls 500 K, so its heat capacity is 420 J per K, option (A).
\[ \boxed{420\ \text{J/K}} \]