A particular library has 75 books in a special collection, all of which were in the library at the beginning of the month. These book are occasionally loaned out through an inter-library program. If, by the end of the month, 80 percent of books that were loaned out are returned and there are 67 books in the special collection at that time, how many books of the special collection were loaned out during that month?  Choose the correct choice from the following answers.
A) 20 B) 30 C) 35 D) 40 E) 55

Rationale: "there are 8 books less ( 75 - 68 ) which represents 20 % of the loaned books ( 100 - 80 ) so total loaned out books = 40 answer d"
Answer: D