Step 1: Expression for fundamental frequency of a stretched string.
\[
f = \frac{1}{2L}\sqrt{\frac{T}{\mu}}
\]
where $\mu$ is mass per unit length.
Step 2: Mass per unit length relation.
\[
\mu = \rho \pi r^2
\]
For same material, $\rho$ is constant.
Step 3: Calculate $\mu$ for both strings.
First string: $L,\, 2r$
\[
\mu_1 \propto (2r)^2 = 4r^2
\]
Second string: $2L,\, r$
\[
\mu_2 \propto r^2
\]
Step 4: Frequency ratio.
\[
\frac{f_1}{f_2} = \frac{L_2}{L_1}\sqrt{\frac{\mu_2}{\mu_1}}
= \frac{2L}{L}\sqrt{\frac{r^2}{4r^2}}
= 2 \times \frac{1}{2} = 1
\]
Step 5: Conclusion.
The ratio of fundamental frequencies is $1:1$.