A third way to approach this is to go back to the fundamental physical meaning of modular ratio, \(m = E_s/E_c\), and estimate it using a rough empirical elastic modulus for M20 concrete rather than the code's simplified working-stress formula.
The modulus of elasticity of steel is taken as \(E_s \approx 2 \times 10^5\ \text{N/mm}^2\). For concrete, a commonly used empirical estimate of the long-term, working-stress elastic modulus for M20 grade is of the order of \(E_c \approx 1.5 \times 10^4\ \text{N/mm}^2\) once long-term effects such as creep are accounted for (this is intentionally lower than the short-term modulus used for deflection checks, because the working stress method's modular ratio is meant to reflect sustained loading behavior).
Dividing these gives \(m = E_s/E_c \approx \dfrac{2\times10^5}{1.5\times10^4} \approx 13.3\), consistent with the value expected for M20 concrete.
Estimating the ratio from the physical elastic moduli of steel and M20 concrete under sustained load reproduces essentially the same value as the code formula.
Therefore, the correct answer is 13.3.