A Golden Handshake Scheme is associated with voluntary retirement. It is a clause in an executive employment contract that provides the executive with a significant severance package in the case the executive loses his/her job through firing, job restructuring or even scheduled retirement.

Rank of Mohan from the bottom = (41 + 1) -7 = 35th.
Rank of Ramesh from the bottom = (41 + 1) - 11 = 31st.

1 -1/8 =7/8 which is divided into 3 people
1 = 500g
7/8 ×500 =437.5
and each got 145.83g
X% 500 =146
X =146/5
=29.2 %