Step 1: Understanding the Concept:
A line meeting the two axes at \((a, 0)\) and \((0, b)\) forms a right triangle with the axes. Its area is \(\tfrac{1}{2}ab\).
Step 2: Find the intercepts.
Put \(y = 0\): \(x = r/p\). Put \(x = 0\): \(y = r/q\). All of \(p, q, r\) are positive.
Step 3: Write the area.
\[ \frac{1}{2}\cdot\frac{r}{p}\cdot\frac{r}{q} = \frac{r^2}{2pq} = \frac{1}{54} \Rightarrow pq = 27 r^2 \]
Step 4: Test G.P. conditions.
If \(p, m, q\) are in G.P., then \(m^2 = pq = 27r^2\), so \(m = \sqrt{27}\, r = 3\sqrt{3}\, r\).
Step 5: Check the options.
(A) needs \(m = 3r\), which gives \(9r^2\), not \(27r^2\). (D) needs \(m = 27r\), which gives \(729r^2\). (B) \(p^2 + q^2 = r^2\) does not follow from the area. Only (C) with \(m = 3\sqrt{3}\,r\) matches.
Final Answer:
p, \(3\sqrt{3}\,r\), q are in G.P., option (C).
\[ \boxed{p,\ 3\sqrt{3}\,r,\ q \text{ in G.P.}} \]