Step 1: Find the equivalent weight of \(\mathrm{KMnO_4}\).
In acidic medium,
\[
\mathrm{MnO_4^-}\rightarrow\mathrm{Mn^{2+}}
\]
involves a change of
\[
5
\]
electrons.
Molar mass of \(\mathrm{KMnO_4}\) is
\[
39+55+4(16)=158.
\]
Hence,
\[
\text{Equivalent weight}
=
\frac{158}{5}=31.6.
\]
Step 2: Find the equivalent weight of \(\mathrm{Na_2S_2O_3}\).
In the reaction,
\[
2\mathrm{S_2O_3^{2-}}
\rightarrow
\mathrm{S_4O_6^{2-}}+2e^-.
\]
Thus, one mole of \(\mathrm{Na_2S_2O_3}\) loses
\[
1
\]
electron.
Its molar mass is
\[
2(23)+2(32)+3(16)=158.
\]
Therefore,
\[
\text{Equivalent weight}
=
\frac{158}{1}=158.
\]
Step 3: Calculate the ratio.
\[
\frac{31.6}{158}
=
\frac15.
\]
Hence,
\[
\boxed{\text{Equivalent weights of }
\mathrm{KMnO_4}:\mathrm{Na_2S_2O_3}=1:5.}
\]
Therefore, the correct option is \(\boxed{(C)}\).