Step 1:
The decay of a radioactive substance follows the relation:
\[
N = N_0 \left( \frac{1}{2} \right)^{\frac{t}{T_{1/2}}}
\]
where \( N \) is the remaining number of nuclei, \( N_0 \) is the initial number of nuclei, \( t \) is the time elapsed, and \( T_{1/2} \) is the half-life.
Step 2:
We are given that \( N_0 = 2 \times 10^8 \), \( N = 10^8 \), and \( t = 15 \) minutes. Substituting these values:
\[
10^8 = 2 \times 10^8 \left( \frac{1}{2} \right)^{\frac{15}{T_{1/2}}}
\]
\[
\frac{1}{2} = \left( \frac{1}{2} \right)^{\frac{15}{T_{1/2}}}
\]
Thus, the half-life is \( T_{1/2} = 10 \) minutes.