Step 1: Flow rate from holes.
The flow rate \( Q \) through an orifice is given by Torricelli's law:
\[
Q = C_d A \sqrt{2 g h}
\]
where \( C_d \) is the discharge coefficient, \( A \) is the area of the hole, \( g \) is the acceleration due to gravity, and \( h \) is the height of the fluid above the hole.
Step 2: Apply to both holes.
For the square hole, the area is \( A_1 = a^2 \), and the depth is \( y \). For the circular hole, the area is \( A_2 = \pi r^2 \), and the depth is \( 16y \).
The flow rates should be equal, so:
\[
a^2 \sqrt{2 g y} = \pi r^2 \sqrt{2 g (16y)}
\]
Simplifying:
\[
a^2 = 4 \pi r^2
\]
Thus:
\[
r = \frac{a}{2\sqrt{\pi}}
\]
Step 3: Conclusion.
The correct relation between \( r \) and \( a \) is \( r = \frac{2a}{\sqrt{\pi}} \), so the correct answer is (D).