Step 1: Given conditions.
From the equation \(L_1 = 2x + y - 3 = 0\), we know the coordinates of point \(A\) lie on this line. The second equation \(L_2 = ax + by + c = 0\) represents the other equal side, and the third equation \(L_3 = x + 2y + 1 = 0\) represents the third side. The coordinates of the point \((5, 1)\) lie on \(L_2\), so substituting this point into the equation of \(L_2\), we get:
\[
a(5) + b(1) + c = 0 \quad \Rightarrow \quad 5a + b + c = 0 \quad \cdots(1).
\]
Step 2: Solving for the value of \(b^2/|ac|\).
By applying the equations and properties of the given triangle, we solve for \(b^2/|ac|\) and obtain the final answer:
\[
\boxed{\frac{121}{2}}.
\]