Step 1: Formula for potential due to point charges.
Electric potential due to a point charge is
\[
V=\frac{kq}{r}
\]
At the center of a square, all four corner charges are at the same distance from the center.
So, total potential is
\[
V=4\frac{kq}{r}
\]
Step 2: Find distance from center to corner.
For a square of side \(a\), diagonal is
\[
a\sqrt{2}
\]
Distance from center to a corner is half the diagonal:
\[
r=\frac{a\sqrt{2}}{2}
\]
Step 3: Compare potentials for side \(1\text{ m}\) and \(2\text{ m}\).
Since
\[
V=4\frac{kq}{r},
\]
and \(k,q\) are same in both cases, we have
\[
V\propto \frac{1}{r}
\]
Also,
\[
r\propto a
\]
Therefore,
\[
V\propto \frac{1}{a}
\]
For first square:
\[
a_1=1\text{ m}
\]
For second square:
\[
a_2=2\text{ m}
\]
Thus,
\[
\frac{V_2}{V_1}
=
\frac{a_1}{a_2}
\]
\[
=
\frac{1}{2}
\]
Step 4: Final conclusion.
Therefore,
\[
\boxed{\frac{1}{2}}
\]