Solution:

The effective acceleration due to gravity in the liquid is \(g' = g\left(1 - \frac{\rho_L}{\rho_B}\right) = g\left(1 - \frac{1}{4}\right) = \frac{3}{4}g\). Since \(T \propto \frac{1}{\sqrt{g}}\), the new period is \(T' = T\sqrt{\frac{g}{g'}} = \sqrt{3}\sqrt{\frac{4}{3}} = 2\text{ s}\).