Step 1: Imagine 1000 questions:
The student knows 900 and guesses 100.
Step 2: Count the correct answers:
Known: all 900 are correct. Guessed: one fourth of 100, which is 25, are correct. Total correct: 925.
Step 3: Take the guessed share:
Among the 925 correct answers, 25 came from guessing: $\frac{25}{925} = \frac1{37}$.
Step 4: Check the complement:
Knowing gives $\frac{900}{925} = \frac{36}{37}$, which is option (C), the opposite event.
Final Answer:
$\frac1{37}$, option (B).
\[ \boxed{\frac{1}{37} \text{ (B)}} \]