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

Question 1 Report

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

33\(\frac{1}{3}\)% on the cost price

50% on the selling price

66 \(\frac{2}{3}\)% on the selling price

66\(\frac{2}{3}\)% on the market price

33\(\frac{1}{3}\)% on the selling price

Nature And Significance Of Accounting

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