Given cell reaction:
Pt(s)∣H2(g,1atm)∣H+(aq,1M)∣∣Fe3+(aq),Fe2+(aq)Pt(s)
at anode(oxidation) H2⟶2H++2e−
At cathode(reduction) Feaq3++e−⟶Feaq2+
E∘cell=Ecathodeo−Eanodeo=EoH2∣H++EoFe3+∣Fe2+=0.771V
Thus, using Nernst equation,
⇒E=E∘−10⋅06logFe3+Fe2+
⇒0.712=(0+0.771)−10.06logFe3+Fe2+
⇒logFe3+Fe2+=0.060.059≈1
Fe3+Fe2+=10