Question: Question 6 (1 point) Saved Hi-Lites Inc. purchased a ceiling light fixture for $480 less 40% and 25%. The fixture was then marked up by

Question 6 (1 point) Saved Hi-Lites Inc. purchased a ceiling light

Question 6 (1 point) Saved Hi-Lites Inc. purchased a ceiling light fixture for $480 less 40% and 25%. The fixture was then marked up by 120% of cost. Overhead expenses are 55% of cost. In a clearance sale, Hi-Lites offered the fixture at 40% off. What was the amount of the markup

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