If 50% of the contract is completed, then the following amount of profit is normally credited

A. $${\text{Earned profit}} \times \frac{{50}}{{100}}$$

B. $${\text{Earned profit}} \times \frac{3}{2} \times \frac{{{\text{Cash received}}}}{{{\text{Contract value}}}}$$

C. $${\text{Earned profit}} \times \frac{2}{3} \times \frac{{{\text{Cash received}}}}{{{\text{Contract value}}}}$$

D. $${\text{Earned profit}} \times \frac{2}{3} \times \frac{{{\text{Cash received}}}}{{{\text{Certified value}}}}$$

Answer: Option D