Extension of spring $=x$, fension on spring $=T$ and spring constant $=k .$ Now extension of spring $x=\frac{T}{k}$ and energy stored by the spring
$E=\frac{1}{2} \times k x^{2}=\frac{1}{2} \times k \times\left(\frac{T}{k}\right)^{2}=\frac{1}{2} \times k \times \frac{T^{2}}{k^{2}}=\frac{T^{2}}{2 k}$.