By selling 16 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 choices.
A) 28	B) 25	C) 24	D) 23	E) 21
80% --- 16   120% --- ?   80/120 * 16 = 24   Answer:24
<result>C</result>
By selling 16 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?