A shopkeeper allows a rebate of $12\%$ on the marked price of an article such that the selling price is $\text{Rs. }1320$. Then the marked price of the article is:

1. A
   $\text{Rs. }1550$
2. B
   $\text{Rs. }1490$
3. C
   $\text{Rs. }1500$
4. D
   $\text{Rs. }1600$