The second moment of area (also known as the area moment of inertia) for a rectangular section about an axis a distance \( y \) from the centroid of the section is given by the formula:
\[
I = \frac{bd^3}{12} - A y^2
\]
where:
- \( b \) is the width of the section,
- \( d \) is the depth of the section,
- \( A \) is the area of the section.
For the given question, the axis is at a distance \( d/4 \) from the bottom of the area. The area of the section is \( A = b \cdot d \). The distance from the centroid (which is at \( d/2 \) from the bottom) to the axis \( d/4 \) is:
\[
y = \frac{d}{2} - \frac{d}{4} = \frac{d}{4}
\]
Substitute the values into the formula:
\[
I = \frac{bd^3}{12} - b \cdot d \cdot \left( \frac{d}{4} \right)^2
\]
\[
I = \frac{bd^3}{12} - b \cdot d \cdot \frac{d^2}{16} = \frac{bd^3}{12} - \frac{bd^3}{16}
\]
Now, finding a common denominator:
\[
I = \frac{4bd^3}{48} - \frac{3bd^3}{48} = \frac{7bd^3}{48}
\]
Thus, the second moment of area is \( \frac{7bd^3}{48} \).