Step 1: Magnifying power of a telescope.
The magnifying power of a telescope is given by:
\[
m = \frac{D}{f_e}
\]
where \( D \) is the aperture of the objective lens and \( f_e \) is the focal length of the eyepiece. If the focal length of the eyepiece is doubled, the magnifying power will be halved.
Step 2: Conclusion.
Thus, when the focal length of the eyepiece is doubled, the new magnifying power will be \( \frac{m}{2} \), which is option (B).