Maximum number of persons for division of money

Total money $= 352n$. When two persons receive Rs. 506 each, the amount remaining is $352n - 2(506) = 352n - 1012$.

This remaining amount is divided equally among $n - 2$ persons, and each receives $\le 330$: $\frac{352n - 1012}{n - 2} \le 330$ $352n - 1012 \le 330n - 660$ $22n \le 352$ $n \le 16$

Therefore, the maximum possible value of $n$ is $16$.