Question 13A business marked up its cost by 50%. This would mean a gross profit ofA.33\(\frac{1}{3}\)% on the cost priceB.50% on the selling priceC.66 \(\frac{2}{3}\)% on the selling priceD.66\(\frac{2}{3}\)% on the market priceE.33\(\frac{1}{3}\)% on the selling priceObjective Show full explanation