Formula for calculating equivalent circuit is,
[tex]\begin{gathered} \frac{1}{Req}=\frac{1}{R1}+\frac{1}{R2}+\frac{1}{R3} \\ Where, \\ Req=Equivalent\text{ }Resistance \\ R1=3\Omega \\ R2=4\Omega \\ R3=5\Omega \end{gathered}[/tex]So,
[tex]\begin{gathered} \frac{1}{Req}=\frac{1}{3}+\frac{1}{4}+\frac{1}{5}=\frac{(4\times5)+(3\times5)+(3\times4)}{60}=\frac{20+15+12}{60} \\ \frac{1}{Req}=\frac{47}{60} \\ So, \\ Req=\frac{60}{47} \\ Req=1.276\Omega \\ Which\text{ }is\text{ }close\text{ }to\text{ }1.28\Omega \end{gathered}[/tex]So 4th option is correct option.