The problem states that if a sum of money is distributed equally among \(n\) individuals, each person receives Rs 352. Consequently, the total sum of money is calculated as:
\(\text{Total amount} = 352 \times n = 352n\)
It is further stated that if two individuals each receive Rs 506, and the remaining sum is divided equally among the rest, each of these remaining individuals receives Rs 330 or less. This leads to the following calculations:
\(\text{Remaining amount} = (n - 2) \times 330\)
The total sum of money can also be expressed as:
\(\text{Total money} = 1012 + (n - 2) \times 330\)
Expanding this expression yields:
\(1012 + 330n - 660 = 352 + 330n\)
Equating this with the initial expression for total money (\( 352n \)):
\(352 + 330n \geq 352n\)
Simplifying the inequality:
\(330n \geq 352n - 352\)
Rearranging the terms gives:
\(22n \leq 352\)
Solving for \( n \):
\(n \leq \frac{352}{22}\)
\(n \leq 16\)
The maximum possible value for \( n \) is 16.
The correct option is (C): 16.