(b) If cut along the axis of magnet of length $l$, then new pole strength $m^{'} = \frac{m}{2}$ and new length $l^{'} = l$
$\therefore$ New magnetic moment $M^{'} = \frac{m}{2} \times l = \frac{ml}{2} = \frac{M}{2}$
If cut perpendicular to the axis of magnet, then new pole strength $m^{'} = m$ and new length, $l^{'} = l/2$
$\therefore\ $ New magnetic moment $M^{'} = m \times \frac{l}{2} = \frac{ml}{2} = \frac{M}{2}$