Okay - I'm going to take a risk and give this a shot!
Book 1 front cover + Book 2 back cover + Book 2 pages + Book 2 front cover + Book 3 back cover
1/8" + 1/8" + 2" + 1/8" + 1/8" = 2 1/2" The bookwork ate through 2.5 inches of book.
I had to draw this one out in order to make sense of the context. I drew three separate vertical rectangles to represent the books. This way I could also see and make sense of the book covers and the orientation of the books on the shelf with their spines out.
This is a great riddle to show the connection between context, representations and understanding!