The correct option is D 55.4%
Strength of bolt in single shear
(Vdsb)=fub√3γmb(nnAnb+nsAsb)
Given ns=0,Vdsb=400√3×1.25×(0.78×π4×202)=45.3 kN
Bearing capacity of bolt
Vdpb=2.5kb.d.t.fu/γm1
k=min[e3d0,P3d0−0.25,fubfu,1]
=min[353×22,603×22−0.25,400410,1]=0.53
Vdpb=2.5×0.53×20×6×4101.25=52.15 kN
Strength of bolt = min[Vdsb,Vdpd]=45.3 kN
Strength of net section per pitch length
=0.9fuAnγm1
=0.9×410×6×(60−22)1.25=67.3 kN
Strength of joint per pitch length
=min[45.3,67.3]=45.3
Strength of solid plate per pitch length
=250×6×601.10=81.82 kN
Joint efficiency
=45.381.82×100=55.36%