Step 1: Recall the torsion formula relating maximum shear stress and torque.
The maximum shear stress \( \tau_{max} \) on the surface of a solid circular shaft subjected to a torque \( T \) is given by:
\[
\tau_{max} = \frac{TR}{J},
\]
where \( R \) is the radius of the shaft and \( J \) is the polar moment of inertia of the circular cross-section. For a solid circular shaft with diameter \( d \), the radius \( R = \frac{d}{2} \) and the polar moment of inertia \( J = \frac{\pi d^4}{32} \). Substituting these into the formula:
\[
\tau_{max} = \frac{T \left( \frac{d}{2} \right)}{\frac{\pi d^4}{32}} = \frac{Td}{2} \times \frac{32}{\pi d^4} = \frac{16T}{\pi d^3}.
\]
Step 2: Analyze the relationship between maximum shear stress and diameter for a constant torque.
From the formula \( \tau_{max} = \frac{16T}{\pi d^3} \), for a constant torque \( T \), the maximum shear stress \( \tau_{max} \) is inversely proportional to the cube of the diameter \( d \):
\[
\tau_{max} \propto \frac{1}{d^3}.
\]
Step 3: Determine the new maximum shear stress when the diameter is doubled.
Let the initial diameter be \( d_1 \) and the initial maximum shear stress be \( \tau_{max,1} = 240 \, \text{MPa} \). When the diameter is doubled, the new diameter is \( d_2 = 2d_1 \). Let the new maximum shear stress be \( \tau_{max,2} \). Since the torque remains the same, we can write the ratio of the shear stresses as:
\[
\frac{\tau_{max,2}}{\tau_{max,1}} = \frac{\frac{1}{d_2^3}}{\frac{1}{d_1^3}} = \left( \frac{d_1}{d_2} \right)^3.
\]
Substituting \( d_2 = 2d_1 \):
\[
\frac{\tau_{max,2}}{\tau_{max,1}} = \left( \frac{d_1}{2d_1} \right)^3 = \left( \frac{1}{2} \right)^3 = \frac{1}{8}.
\]
Step 4: Calculate the new maximum shear stress \( \tau_{max,2} \).
\[
\tau_{max,2} = \frac{1}{8} \tau_{max,1} = \frac{1}{8} \times 240 \, \text{MPa} = 30 \, \text{MPa}.
\]
Step 5: Select the correct answer.
The maximum shear stress developed corresponding to the same torque when the shaft diameter is doubled will be 30 MPa, which corresponds to option 4.