Based on the information given the gain or loss percent on the whole transaction is 1%.
<h3>Gain or loss percent:
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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
Answer:
1) <u><em>Formula for experimental probability:</em></u>
Experimental Probability = 
2) Any performance or a random experiment is called a trial.
Answer:
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Step-by-step explanation:
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