Marked price of an article is ₹1500. If $16\frac{2}{3}\%$ discount is given, then what is the selling price?

₹1000 ₹1300 ₹1250 ₹1150

₹1250

$16\frac{2}{3}\%$ = \(\frac{1}{6}\) =  \(\frac{Discount}{MP}\) If 6x = 1500 then x = 250 SP = 6x - x = 5x SP = 5x = 5 × 250 = 1250