Fluid at a specific gravity of 1.0 exerts .43 psi per foot of level.  The fluid in this tank, at a specific gravity of 1.2, will exert .52 psi per foot of level.  The bubbler tube has been offset 1 foot off of the bottom of the tank, therefore, it is only measuring 13 of the overall 14 feet.  13 ft × .52 psi/ft = 6.8 psi

The correct answer is C, 6.8 psi.