Initial state:
- Glass: 500 cc milk, 0 cc water
- Cup: 0 cc milk, 500 cc water
Step 1: Transfer 150 cc of milk from glass to cup
- Glass: \(500 - 150 = 350\) cc milk
- Cup: 150 cc milk + 500 cc water = 650 cc total volume
Step 2: Transfer 150 cc of mixture from cup back to glass
Calculate milk and water amounts in the 150 cc mixture:
- Total in cup: 650 cc
- Milk proportion: \( \frac{150}{650} = \frac{3}{13} \)
- Water proportion: \( \frac{500}{650} = \frac{10}{13} \)
Amount transferred back to glass:
- Milk: \( \frac{3}{13} \times 150 \approx 34.62 \) cc
- Water: \( \frac{10}{13} \times 150 \approx 115.38 \) cc
Contents after Step 2:
- Glass: \(350 + 34.62 \approx 384.62\) cc milk, \(0 + 115.38 \approx 115.38\) cc water
- Cup: \(150 - 34.62 \approx 115.38\) cc milk, \(500 - 115.38 \approx 384.62\) cc water
Step 3: Determine final ratio of milk in glass to water in cup
\[ \text{Milk in Glass} : \text{Water in Cup} \approx 384.62 : 384.62 = \boxed{1 : 1} \]
Final Answer:
\[ \boxed{\text{Option (C): } 1 : 1} \]