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SAMEER GARG wrote:
Please find final outcome as per your suggestion

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Are you sure about your equations? I'm not sure they will give you the minimized value you are possibly seeking.
A few comments.
You have defined I1 and Vripple_min to be functions; this means you cannot put an evaluation operator (=) after them - this is in part what Mathcad is complaining about.
It's usually well worth while evaluating functions at a few values (especially critical ones) and/or plotting your functions to check if they make sense over the intervals of interest.
I'm surprised Mathcad let you type in KHz instead of kHz; the SI multiplier for 1000 (kilo) always has abbreviation 'k' not 'K'. Indeed, 'K' is often used in computing circles to mean 2^10 = 1024 (eg, KB).
It helps others if you post your worksheet - saves all that typing and there are sometimes problems with a worksheet that aren't obvious or visible from a screenshot.

Stuart