The chemical reaction is given as:

Here, oxygen is oxidised and
is reduced. Thus, redox reaction occurs.
For cell reaction,
(2)
where,
= standard state free energy
n= number of electrons
F= Faraday constant (
)
= cell potential
Substitute the value of number of electrons i.e. 2, Faraday constant and cell potential in the formula to determine the value of
.
Now, calculate the value of cell potential
(1)
=
(standard reduction potential of
)
=
(standard reduction potential of
)
Put the above values in formula (1), we get:
= 
Now, substitute above value in formula (2)
= 
Since, one coulomb volt is equal to one joule.
Thus, value of
is equal to
or