'R' will be the first part as 'the ephemeral illusions' in R refers to the 'applause and publicity constitute success' in the opening part of the given sequence. 'Q' will follow next as it states that in reality it is our achievement or work which wins lasting rewards. PS will make a pair together as both the sentences together talks about the 'applause'. Hence, RQPS is the correct sequence. Thus, option (d) is correct.