Question on: WAEC Accounting - 1989

A business marked up its cost by 50%. This would mean a gross profit of

A
33\(\frac{1}{3}\)% on the cost price
B
50% on the selling price
C
66 \(\frac{2}{3}\)% on the selling price
D
66\(\frac{2}{3}\)% on the market price
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Correct Option: E

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