Nursing Elites

1. A consumer makes a $400 down payment on a television that costs $1,570. Which of the following is the number of months it will take to pay off the television with monthly payments of $100?

• A. 12
• B. 16
• C. 15
• D. 11

Correct answer: A

Rationale: After the $400 down payment, the remaining balance is $1,170. With monthly payments of $100, it will take 12 months to pay off the remaining balance. Therefore, the correct answer is 12 months. Choice B (16) is incorrect as it exceeds the required timeframe. Choice C (15) is incorrect as it is close but still one month over the correct timeframe. Choice D (11) is incorrect as it underestimates the time needed to pay off the remaining balance.

2. If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?

• A. $43,333.33
• B. $86,666.67
• C. $52,000.00
• D. $78,000.00

Correct answer: B

Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.

3. The graph below represents the amount of rainfall in a particular state by month. What is the total rainfall for the months May, June, and July?

• A. 9.0 inches
• B. 8.4 inches
• C. 7.5 inches
• D. 10.5 inches

Correct answer: A

Rationale: To calculate the total rainfall for May, June, and July, we add the rainfall amounts for each month: 3.2 inches (May) + 2.5 inches (June) + 3.3 inches (July) = 9.0 inches. Therefore, the correct answer is A. Choice B (8.4 inches) is incorrect as it does not account for the correct sum of rainfall for the specified months. Choice C (7.5 inches) is incorrect as it does not include the accurate total rainfall for May, June, and July. Choice D (10.5 inches) is incorrect as it provides a total that exceeds the actual combined rainfall for the given months.

4. University Q has an extremely competitive nursing program. Historically, 3/4 of the students in each incoming class major in nursing, but only 1/5 of those who major in nursing complete the program. If this year’s incoming class has 100 students, how many will complete the nursing program?

• A. 75
• B. 20
• C. 15
• D. 5

Correct answer: C

Rationale: Out of the 100 students, 3/4 major in nursing, which equals 75 students. However, only 1/5 of these 75 students will complete the program. Calculating 1/5 of 75 gives us 15 students who will complete the nursing program. Therefore, the correct answer is 15. Choice A (75) is incorrect as it represents the total number of students majoring in nursing, not completing the program. Choices B (20) and D (5) are incorrect calculations and do not align with the information provided in the question.

5. Margery is planning a vacation, and her round-trip airfare will cost $572. Her hotel costs $89 per night, and she will be staying at the hotel for five nights. She has allotted a total of $150 for sightseeing and expects to spend about $250 on meals. She will receive a 10% discount on the hotel price after the first night. What is the total amount Margery expects to spend on her vacation?

• A. $1,328.35
• B. $1,373.50
• C. $1,381.40
• D. $1,417.60

Correct answer: C

Rationale: To calculate Margery's total expenses: Airfare ($572) + Hotel ($89 * 5 nights) = $572 + $445 = $1017. After the first night's stay, Margery receives a 10% discount on the remaining four nights, making the total hotel cost $445 - (10% of $89) = $445 - $8.90 = $436.10. Adding sightseeing ($150) and meals ($250) to the total gives $1017 + $150 + $250 = $1417. Margery's expected expenses are $1417, not $1381.40 as stated in the original rationale. Therefore, the correct answer is $1,417.60 (Option D).

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