Step 1: Identify the reagent used.
The reagents used are:
\[
Zn-Hg \quad \text{and} \quad HCl
\]
This combination represents
Clemmensen reduction.
Clemmensen reduction converts carbonyl groups \((C=O)\) of aldehydes and ketones into methylene groups \((CH_2)\) under strongly acidic conditions.
General reaction:
\[
R-CO-R' \xrightarrow[HCl]{Zn-Hg} R-CH_2-R'
\]
Step 2: Identify the functional groups present in the substrate.
The given compound contains:
(i) A ketone group
and
\[
\text{(ii) An alcohol group } (-OH)
\]
The ketone side chain attached to the cyclohexane ring undergoes Clemmensen reduction.
Step 3: Reduction of the ketone group.
The ketone group:
\[
-COCH_3
\]
is reduced into:
\[
-CH_2CH_3
\]
Thus, the acyl side chain becomes an ethyl group after reduction.
Step 4: Effect of acidic medium on alcohol group.
The reaction occurs in concentrated hydrochloric acid.
Under strongly acidic conditions, the alcohol group on the cyclohexane ring undergoes substitution with chlorine.
Therefore:
\[
-OH \longrightarrow -Cl
\]
Hence, the final product contains:
Ethyl group and chlorine substituent
Step 5: Identify the final product.
The product obtained is the chlorinated cyclohexane derivative shown in option (3).
Step 6: Final conclusion.
Hence, the correct answer is:
\[
\boxed{\text{Option (3)}}
\]