Nursing Elites

1. Futuristic Furniture gave the man two choices: pay the entire amount in one payment with cash, or pay $1000 as a down payment and $120 per month for two full years in the financing plan. If the man chooses the financing plan, how much more would he pay?

• A. $1480 more
• B. $1280 more
• C. $1600 more
• D. $2480 more

Correct answer: B

Rationale: If the man chooses the financing plan, he pays $1000 as a down payment initially. Over the two-year period, he will be paying $120 per month for a total of 24 months, which amounts to $120 x 24 = $2880. Therefore, the total amount he pays for the furniture through the financing plan is $1000 (down payment) + $2880 (monthly payments) = $3880. Comparing this total with the entire amount paid in one payment with cash would be $3880 - $3000 = $880 more. So, the man would pay $880 more if he chooses the financing plan. Therefore, the correct answer is $1280 more, not $1480, $1600, or $2480. These amounts do not accurately represent the additional cost incurred by choosing the financing plan.

2. At a car dealership, employees earn a monthly base salary of $2,000 plus 3% commission on total sales. If an employee makes $5,000 in sales, what will their total monthly earnings be?

• A. $2,500
• B. $2,150
• C. $2,100
• D. $2,300

Correct answer: A

Rationale: To calculate the total monthly earnings, we first find the commission earned on $5,000 sales, which is 3% of $5,000 = $150. Adding this commission to the $2,000 base salary gives a total of $2,000 + $150 = $2,150. Therefore, the correct total monthly earnings are $2,500. Choice B ($2,150) is incorrect because it only includes the base salary and the commission but miscalculates the total. Choices C ($2,100) and D ($2,300) are also incorrect as they do not account for the correct calculation of the commission on sales.

3. What is the least common denominator of two fractions?

• A. The smallest number that is a multiple of both denominators
• B. The smallest number that both fractions can divide into evenly
• C. The least common multiple of both denominators
• D. The greatest common factor of both denominators

Correct answer: C

Rationale: The least common denominator of two fractions is the least common multiple of both denominators. This is because the least common denominator is the smallest number that both denominators can divide into evenly, ensuring that both fractions can be expressed with a common denominator. Choice A is incorrect as the least common denominator is a multiple of both denominators, not a number that multiplies into both. Choice B is incorrect because the common denominator needs to be a multiple of both denominators, not just a number they can divide into evenly. Choice D is incorrect as the greatest common factor is not used to find the least common denominator, but rather the least common multiple.

4. Four friends are sharing a pizza. One friend eats half of the pizza. The other three friends equally divide the rest among themselves. What portion of the pizza does each of the other three friends receive?

• A. 1/5
• B. 1/3
• C. 1/4
• D. 1/6

Correct answer: A

Rationale: After one friend eats half of the pizza, the remaining half is divided equally among the three other friends. Each of the three friends receives 1/3 of the remaining half, not 1/6. Therefore, the correct answer is 1/3 of 1/2, which is 1/6 of the total pizza. The incorrect choices are: B. 1/3 - This is the correct portion of the remaining pizza each friend receives, not 1/3. C. 1/4 - This is not the accurate portion each friend receives after the first friend eats half of the pizza. D. 1/6 - This is the portion of the total pizza each friend receives, not the portion each friend receives after the initial half is consumed.

5. Which of the following is the decimal form of 87.5%?

• A. 875
• B. 8,750
• C. 0.875
• D. 8.75

Correct answer: C

Rationale: To convert a percentage to a decimal, you move the decimal point two places to the left. Therefore, 87.5% as a decimal is 0.875. Choice A (875) is incorrect as it represents the percentage without converting to a decimal. Choice B (8,750) is incorrect as it represents the percentage in whole numbers without decimal conversion. Choice D (8.75) is incorrect as it represents 875% instead of 87.5%.

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