Step 1: Longest wavelength in Balmer series.
The longest wavelength corresponds to the transition
\[
3\rightarrow2.
\]
Using Rydberg's formula,
\[
\frac{1}{\lambda}
=
R\left(\frac14-\frac19\right)
=
\frac{5R}{36}.
\]
Thus,
\[
\lambda
=
\frac{36}{5R}.
\]
Step 2: Shortest wavelength in Paschen series.
The shortest wavelength corresponds to the transition
\[
\infty\rightarrow3.
\]
Hence,
\[
\frac{1}{\lambda_P}
=
R\left(\frac19\right),
\]
\[
\lambda_P
=
\frac{9}{R}.
\]
Step 3: Find the ratio.
\[
\frac{\lambda_P}{\lambda}
=
\frac{9/R}{36/(5R)}
=
\frac54.
\]
Therefore,
\[
\lambda_P
=
\frac54\lambda
=
1.25\lambda.
\]
Hence,
\[
\boxed{1.25\lambda}
\]
Therefore,
\[
\boxed{(D)}
\]
is the correct answer.