Based on the information given the gain or loss percent on the whole transaction is 1%.
<h3>Gain or loss percent:
</h3>
First step is to calculate the profit on the whole transaction
Profit=(8%×8,000)-(6%×8,000)
Profit=$640-$480
Profit=$160
Now let calculate the gain or loss percentage on the whole transaction
Gain or loss percentage=160/(8000+8000)×100
Gain or loss percentage=160/16000×100
Gain or loss percentage=1%
Inconclusion the gain or loss percent on the whole transaction is 1%.
Learn more about gain or loss here:brainly.com/question/25278228
1) 1/2
2) 7/8
3) 4
4) 19/8 = 2 3/8
there are 2 blue marbles, 8 red marbles, and 8 plastic red marbles
there are 18 marbles in total
8/18
The original equation: 8(5.95)+8(4)+8(3.60)+8(2.25)= $126.4
To answer the question you should add all of the numbers within the parenthesis together: 5.95+4+3.60+2.25= $15.8
Then multiply that answer times the total number of people: 8(15.8)= $126.4