Concept:
Antibiotics are classified as bactericidal or bacteriostatic.
• Bactericidal antibiotics kill bacteria.
• Bacteriostatic antibiotics inhibit bacterial growth.
Step 1: Understand bactericidal antibiotics.
Bactericidal antibiotics destroy bacterial cell walls or vital cellular functions leading to bacterial death.
Penicillin belongs to this category.
Step 2: Examine other antibiotics.
Erythromycin, tetracycline and chloramphenicol generally act by inhibiting protein synthesis and are mainly bacteriostatic.
Step 3: Identify the correct answer.
Among the given options, Penicillin is bactericidal.
Therefore,
\[
\boxed{\text{Option (1)}}
\]