Correct Answer - Option 4 :

₹1280

**Given,**

Cost Price = ₹1600

Loss = 20%

**Formula Used -**

S.P = C.P × (100 - L%)/100

Where,

S.P → Selling price

C.P → Cost price

L% → Loss%

**Calculation -**

S.P = (1600 × (100 - 20)) ÷ 100

⇒ S.P = (1600 × 80) ÷ 100

⇒ S.P = 1280

**∴ Selling Price (S.P) is ₹1280**