Step 1: Understand the ratio being asked.
For a light wave the electric and magnetic field amplitudes are tied together. Their ratio $E_0 / B_0$ always equals the speed at which that wave actually travels through the material.
Step 2: Recall the rule in vacuum.
In empty space the wave moves at $c$, so $E_0 / B_0 = c$, which matches what the question states.
Step 3: See what changes inside the medium.
Inside a material the wave slows down to a speed $v$, and the same relation holds, so now $E_0 / B_0 = v$. Our whole job is to find $v$.
Step 4: Use the speed formula for a medium.
The speed in a non-magnetic medium is \[ v = \frac{c}{\sqrt{\epsilon_r}}, \] where $\epsilon_r$ is the relative permittivity.
Step 5: Plug in the given permittivity.
Here $\epsilon = 4\epsilon_0$, so $\epsilon_r = 4$ and $\sqrt{\epsilon_r} = 2$.
Step 6: Get the final ratio.
Therefore $v = c / 2$, and the field ratio in the medium is the same value. \[ \boxed{\dfrac{E_0}{B_0} = \dfrac{c}{2}} \]