Step 1: Assume the GP.
Let GP be:
\[
a, ar, ar^2, ar^3, \ldots
\]
Total number of terms = \( 2n \) (even).
Step 2: Sum of all terms.
\[
S = a + ar + ar^2 + \cdots + ar^{2n-1}
\]
\[
S = \frac{a(1 - r^{2n})}{1 - r}
\]
Step 3: Sum of odd place terms.
Odd terms:
\[
a, ar^2, ar^4, \ldots, ar^{2n-2}
\]
This is a GP with ratio \( r^2 \).
\[
S_{odd} = \frac{a(1 - r^{2n})}{1 - r^2}
\]
Step 4: Use given condition.
\[
S = 5 S_{odd}
\]
\[
\frac{a(1 - r^{2n})}{1 - r}
=
5 \cdot \frac{a(1 - r^{2n})}{1 - r^2}
\]
Step 5: Cancel common terms.
\[
\frac{1}{1 - r}
=
\frac{5}{1 - r^2}
\]
Step 6: Simplify equation.
\[
1 - r^2 = (1 - r)(1 + r)
\]
So:
\[
\frac{1}{1 - r} = \frac{5}{(1 - r)(1 + r)}
\]
Cancel \( (1-r) \):
\[
1 = \frac{5}{1 + r}
\]
\[
1 + r = 5
\]
\[
r = 4
\]
Step 7: Final conclusion.
\[
\boxed{r = 4}
\]