In Young's double slit experiment, the light of wavelength '$\lambda$' is used. The intensity at a point on the screen is 'I' where the path difference is $\lambda/4$. If '$I_0$' denotes the maximum intensity then the ratio of '$I_0$' to 'I' is ($\cos 45^\circ = 1/\sqrt{2}$)
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At a path difference of $\lambda/4$, the phase difference is $90^\circ$, leading to exactly half the maximum intensity.