Since this is a numerical code-based limit, we can reason it out by considering the physical purpose of the spacing limit — controlling shear buckling of the web panel between two stiffeners — and then check which of the four options is consistent with this behavior and with the range recommended by steel design codes for plate girders.
A web panel between two vertical stiffeners behaves like a plate under shear, and its critical shear buckling stress falls rapidly once the panel's aspect ratio (spacing to depth) grows much beyond about 1 to 1.5. If stiffeners were spaced too far apart, the web would buckle locally under shear well before reaching its full shear capacity, defeating the purpose of providing stiffeners at all. Therefore the code intentionally keeps the maximum permissible spacing close to, but slightly larger than, the web depth \(d\), rather than allowing a large multiple of it.
Only a modest margin above the web depth keeps the panel's shear-buckling behavior within safe limits, which corresponds to the option 1.25d.
Therefore, the correct answer is 1.25d.