Step 1: Find the change in temperature.
Initial calibration temperature:
\[
T_1=25^\circ C
\]
Cold day temperature:
\[
T_2=-15^\circ C
\]
Therefore,
\[
\Delta T=T_2-T_1
\]
\[
=-15-25
\]
\[
=-40^\circ C
\]
Step 2: Use linear expansion formula.
Fractional change in length is
\[
\frac{\Delta L}{L}=\alpha \Delta T
\]
Given,
\[
\alpha=1\times10^{-5}\;^\circ C^{-1}
\]
Hence,
\[
\frac{\Delta L}{L}
=
1\times10^{-5}\times(-40)
\]
\[
=-4\times10^{-4}
\]
Negative sign indicates contraction of the tape.
Step 3: Find percentage error.
Percentage error is
\[
\left|\frac{\Delta L}{L}\right|\times100
\]
\[
=4\times10^{-4}\times100
\]
\[
=4\times10^{-2}
\]
\[
=0.04\%
\]
Step 4: Final conclusion.
Hence, the percentage error in measurement of length is
\[
\boxed{0.04\%}
\]