There are 160 students in grade 8 at Murray Public School. If exactly $10 \%$ of these students are on the school's chess team, how many grade 8 students are on the team?
(A) 26
(B) 16
(C) 20
(D) 12
(E) 18
The number of grade 8 students on the chess team is $160 \times 10 \%=160 \times \frac{10}{100}=160 \times 0.10=16$.