The general formula for the strength of magnetic field is written below:
E = kQ/d²,
where k is the Coulomb's constant
Q is the charge of the object
d is the distance
The ratio of the magnetic fields should be 1/5:
E₁/E₂ = 1/5
kQ/d₁² ÷ kQ/d₂² = 1/5
The k and Q will be cancelled out because only the distance is varied, the charge does not change. The equation becomes
1/d₁² ÷ 1/d₂² = 1/5
Substitute d₁ = 0.525 m
1/(0.525 m)² ÷ 1/d₂² = 1/5
Solving for d₂,
d₂ = 0.235 m
The distance is 0.235 m along the central axis.