The correct option is C 10
Let T days be the half-life period.
After one half-life period, the activity reduces to one half of its initial activity.
In 40 days, the activity reduces to 1/16th of its initial activity.
116=(12)4
This corresponds to four half life periods or 4T days.
4T=40
T=10
Hence, the half-life of the radioactive substance is 10 days.