Concept:
In the displacement method of a convex lens, for the two lens positions producing sharp images on the same screen, the magnifications are reciprocals of each other.
Thus,
\[
m_1m_2=1.
\]
Also,
\[
m=\frac{\text{Image height}}{\text{Object height}}.
\]
Step 1: Let the object height be \(h\).
For the first position,
\[
m_1=\frac{4}{h}.
\]
For the second position,
\[
m_2=\frac{16}{h}.
\]
Step 2: Use the reciprocal magnification property.
\[
m_1m_2=1.
\]
Therefore,
\[
\frac{4}{h}\cdot\frac{16}{h}=1.
\]
\[
\frac{64}{h^2}=1.
\]
\[
h^2=64.
\]
\[
h=8\,\text{cm}.
\]
Step 3: Write the final answer.
\[
\boxed{h=8\,\text{cm}}
\]
\[
\boxed{\text{Answer = (B)}}
\]