Step 1: Test with a small case:
Take $n=2$, $k=1$: $P(1)=2pq$, $P(0)=q^2$. The ratio is $\dfrac{2p}{q}$.
Step 2: Check each option with n = 2, k = 1:
(A): $\dfrac{1}{1}\cdot\dfrac pq=\dfrac pq$, wrong. (B): $\dfrac{2}{1}\cdot\dfrac pq=\dfrac{2p}{q}$, correct. (C) and (D) have $k-1=0$ in the denominator, which is undefined.
Step 3: Pick:
Option B.
Final Answer:
Dividing the two binomial terms gives (n - k + 1)/k times p/q.
\[ \boxed{\text{(B) }\left(\dfrac{n-k+1}{k}\right)\dfrac pq} \]