Solution:Concept- To calculate the marked price, we will assume that the marked price is Rs..
Then, we will deduct the discount of then we will get the selling price that is given in the question which is equal to Just write in equation form we will get the marked price.
As we assumed the marked price = Then the discount is Now, = cost price
cost price =
As we know that selling price = 1600, let’s solve that
After solving the calculation we get to know that marked price is Rs.2000
Hence, the correct answer is option 1.