Whats the specific weight of water, the object is 20% above that times its mass. Convert that to anti-newtons to give you the buoyancy factor. Look in the book youre studying to get the equation to convert the rod as an offset given its angle and then calculate the angle of theta. If I had a physics books itd be as simple as pi to calculate it for you. Its just a plug and chug equation to solve. Calculate the force upwards or the buoyancy factor. Find the equation that involves the rod and angulation, should be in a physics book, done lots of problems like that. Then calculate theta, prolly have to calculate the length of the rod in the water using pythagoreans theorem with the 50 cm out of the water giving the lenth out of water, subtract that from the length of the rod to give you the lengh in the water, calculate its buoyancy and add that to the buoyancy of the block . essentially you have two objects that float. The block and the portion of the arm that lies in the water. As they rise, the portion of the arm will be a function of the buoyancy as it lifts portions of the swingarm out of the water subtracting that from the two objects combined buoyancy.