Step 1: Understanding the capacitor's behavior.
For capacitors in series, the total capacitance is given by \( \frac{1}{C_{\text{total}}} = \frac{1}{C_1} + \frac{1}{C_2} \). When a dielectric is inserted, the capacitance increases by a factor of \( K \), so the capacitance of the dielectric-inserted capacitor becomes \( K C_1 \).
Step 2: Applying the formula.
For the two capacitors, the total potential difference is \( V \), and we have the relation:
\[
V = V_1 + V_2
\]
Using the capacitance formula and the fact that \( C = \frac{Q}{V} \), we can solve for \( V_2 \) (the potential across the capacitor without the dielectric). After simplification, we get:
\[
V_2 = \frac{KV}{K+1}
\]
Step 3: Conclusion.
The correct answer is (B), \( \frac{KV}{K+1} \).