Step 1: Markovnikov addition:
The middle carbon is more substituted, so $-\text{OH}$ attaches there.
Step 2: Tautomerism:
The enol $\text{CH}_3\text{C(OH)=CH}_2$ shifts H to the terminal carbon, converting to the keto form $\text{CH}_3\text{COCH}_3$.
Final Answer:
The product is propanone, option (C).
\[ \boxed{\text{Propanone}} \]