Answer is : (b) 5.1 cm
Apparent depth d in case of more than one medium is

where, d1 and d2 are the thickness of slabs of medium with refractive index µ1 and µ2, respectively.
Here, d1 = 5 cm, µ1 = 1.33
d2 = 2 cm, µ2 = 1.5
Substituting these values in Eq. (i), we get
Apparent depth, d = 5/1.33 + 2/1.5 = 5.088 cm = 5.1 cm