Given that \(ABCD\) is a cyclic quadrilateral.
\(∠ADB = ∠ACB \) (Angle subtended by chord on the same side of arc)
\(∠DAC = ∠DBC \) (Angle subtended by chord on the same side of arc
\(⇒ △AED \) and \(△BEC\) are similar triangles.
Similarly, \(△AEB\) and \(△DEC\) are also similar using AA similarity property.
Given that,
\(AB : CD = 2:1\)
and \(BC: AD = 5:4\)
\(\frac {AE}{BE} = \frac {AD}{BC} = \frac 45 \) (Similar Triangles \(△AED\) and \(△BEC\))
\(\frac {BE}{CE} = \frac {AB}{CD} =\frac 21\) (Similar Triangles \(△AEB\) and \(△DEC\))
On multiplying both,
\(\frac {AE}{CE} = \frac 85\)
So, the correct option is (C): \(8:5\)