Step 1: Determine the fraction of reactant remaining.
It is given that \(93.75\%\) of the reaction is completed.
Therefore, percentage of reactant left unreacted is:
\[
100-93.75=6.25\%
\]
Convert this percentage into fraction form:
\[
6.25\%=\frac{6.25}{100}
\]
\[
=0.0625
\]
\[
= \frac{1}{16}
\]
Thus, after time \(x\), only:
\[
\frac{1}{16}
\]
of the original reactant remains.
Step 2: Use the property of first order reactions.
For a first order reaction:
after one half-life, amount remaining becomes:
\[
\frac{1}{2}
\]
after two half-lives:
\[
\left(\frac12\right)^2=\frac14
\]
after three half-lives:
\[
\left(\frac12\right)^3=\frac18
\]
after four half-lives:
\[
\left(\frac12\right)^4=\frac1{16}
\]
Thus, \(\frac1{16}\) of reactant remains after \(4\) half-lives.
Step 3: Relate the given time with half-life.
Given that the time required to reach \(\frac1{16}\) of the initial concentration is \(x\) minutes.
Therefore:
\[
x = 4t_{1/2}
\]
where \(t_{1/2}\) is the half-life.
Step 4: Calculate the half-life.
Rearranging:
\[
t_{1/2}=\frac{x}{4}
\]
Step 5: Match with the given options.
The correct option is:
\[
(3)\;\frac{x}{4}
\]
Step 6: Final conclusion.
Hence, the half-life of the reaction is:
\[
\boxed{\frac{x}{4}}
\]