By selling 24 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?  Choose the correct choice from the following answers.
A) 8  B) 9  C) 16  D) 6  E) 4

Rationale: "80 % - - - 24 120 % - - - ? 80 / 120 * 24 = 16 answer : c"
Answer: C