Concept:
The torque experienced by a current-carrying coil placed in a uniform magnetic field is given by
\[
\tau = N I A B \sin\theta,
\]
where
• \(N\) is the number of turns of the coil,
• \(I\) is the current flowing through the coil,
• \(A\) is the area enclosed by the coil,
• \(B\) is the magnetic field strength,
• \(\theta\) is the angle between the normal to the plane of the coil and the magnetic field.
The maximum torque is obtained when
\[
\sin\theta =1
\qquad \text{or} \qquad \theta=90^\circ.
\]
Hence,
\[
\tau_{\max}=NIAB.
\]
Since both coils have the same number of turns, carry the same current and are placed in the same magnetic field, the ratio of their maximum torques depends only on the ratio of their areas.
Thus,
\[
\frac{\tau_s}{\tau_c}
=
\frac{A_s}{A_c},
\]
where \(A_s\) and \(A_c\) denote the areas of the square and circular coils respectively.
Step 1: Find the area of the square coil.
The total length of wire is \(L\) and the coil has \(N\) turns.
Therefore, the length of wire available for one turn of the square is
\[
\text{Perimeter of one square}
=
\frac{L}{N}.
\]
If \(a\) is the side of the square, then
\[
4a=\frac{L}{N}.
\]
Hence,
\[
a=\frac{L}{4N}.
\]
The area enclosed by one turn of the square coil is
\[
A_s=a^2
=
\left(\frac{L}{4N}\right)^2
=
\frac{L^2}{16N^2}.
\]
Step 2: Find the area of the circular coil.
The length of wire available for one turn of the circular coil is also
\[
\frac{L}{N}.
\]
If \(r\) is the radius of the circular coil, then
\[
2\pi r=\frac{L}{N}.
\]
Therefore,
\[
r=\frac{L}{2\pi N}.
\]
Hence, the area of one turn of the circular coil is
\[
A_c=\pi r^2
=
\pi\left(\frac{L}{2\pi N}\right)^2.
\]
\[
A_c
=
\pi\left(\frac{L^2}{4\pi^2N^2}\right)
=
\frac{L^2}{4\pi N^2}.
\]
Step 3: Determine the ratio of maximum torques.
Since
\[
\frac{\tau_s}{\tau_c}
=
\frac{A_s}{A_c},
\]
we get
\[
\frac{\tau_s}{\tau_c}
=
\frac{\dfrac{L^2}{16N^2}}
{\dfrac{L^2}{4\pi N^2}}.
\]
Cancelling \(L^2\) and \(N^2\),
\[
\frac{\tau_s}{\tau_c}
=
\frac{4\pi}{16}
=
\frac{\pi}{4}.
\]
Therefore,
\[
\boxed{
\frac{\tau_{\text{square}}}
{\tau_{\text{circular}}}
=
\frac{\pi}{4}
}
\]
Hence, the required ratio of the maximum torque acting on the square coil to that on the circular coil is
\[
\boxed{\frac{\pi}{4}:1}.
\]