There are sixteen (16) ounces in a pound.
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16 oz (ounce) = 1 lb (pound) = approximately 0.45 Kg
8 ounces is 1/2 of a pound.
16 ounces = 1 pound
This question is probably the result of confusion between the two uses of ounce (oz). The 16 oz bottle refers to the volume of its content and that is not directly related to an ounce which is 1/16 of a pound (mass).
There are 16 ounces in a pound, so 3/4 of a pound is 12 oz