Answer:
Option 2nd is correct
common ratio between successive terms in the sequence is 
Step-by-step explanation:
Common ratio(r) defined as the ratio of a term to the previous term.
Also, this common ratio term is constant.
Given the sequence:
27, 9, 3, 1, 1/3, 1/9, 1/27,....
⇒

......
Then by definition of common ratio:

Substitute the given values we have;

⇒
Therefore, the common ratio between successive terms in the sequence is 