Answer:
n = 2/3
Step-by-step explanation:
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
Thx no that answer is not correct
