Statement - I :In PF₅, ‘P’ has two types of P – F bond lengths
Statement - II :In PF₅, ‘P’ undergoes sp³d hybridization with trigonal bipyramidal structure and possess unequal bond angles and bond lengths.
 

PF₅​ has three axial bonds and two equatorial bonds, PF₅​ has sp³d hybridization. In PF₅​, two Cl atoms lie along axial line and other three Cl atoms lie along the equatorial plane.

Hence, Cl atoms which lie along axis have different bond length than that of Cl atoms lying on equatorial plane.