Nursing Elites

1. If 35% of a paycheck is deducted for taxes and 4% for insurance, what is the total percent taken out of the paycheck?

• A. 20%
• B. 31%
• C. 39%
• D. 42%

Correct answer: C

Rationale: When 35% is deducted for taxes and 4% for insurance, the total percentage taken out of the paycheck is 35% + 4% = 39%. Therefore, the correct answer is 39%, which corresponds to option C. Option A (20%) is incorrect because it does not account for the total deductions. Option B (31%) is incorrect as it does not sum up the percentages correctly. Option D (42%) is incorrect as it overestimates the total deductions.

2. 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.

3. Shawna buys 5 gallons of paint. If she uses 2/5 of it on the first day, how much paint does she have left?

• A. 3 gallons
• B. 2 gallons
• C. 1 gallon
• D. 0.5 gallons

Correct answer: A

Rationale: To find out how much paint Shawna uses on the first day, calculate 2/5 * 5 = 2 gallons. Subtracting the amount used from the total amount gives us 5 - 2 = 3 gallons remaining. Therefore, Shawna has 3 gallons of paint left after using 2 gallons on the first day. Choice A is correct. Choices B, C, and D are incorrect because she has more paint left than the options presented.

4. Veronica paid an additional $3,015 for a surround sound system and $5,218 for a maintenance package. What was the total price of her new car?

• A. $50,210
• B. $48,443
• C. $43,225
• D. $40,210

Correct answer: B

Rationale: To calculate the total price of Veronica's new car, you must sum the original price of the car with the additional costs. Veronica paid $3,015 for the surround sound system and $5,218 for the maintenance package, totaling $3,015 + $5,218 = $8,233 in additional costs. Adding this to the original price of the car, $40,210, gives $40,210 + $8,233 = $48,443. Therefore, the total price of Veronica's new car is $48,443. Choice A, $50,210, is incorrect as it does not factor in the correct additional costs. Choice C, $43,225, is incorrect because it does not include the additional costs. Choice D, $40,210, is incorrect as it only represents the original price of the car without the added expenses.

5. Four people split a bill. The first person pays for 1/3, the second person pays for 1/4, and the third person pays for 1/6. What fraction of the bill does the fourth person pay?

• A. 1/4
• B. 1/6
• C. 1/3
• D. 1/12

Correct answer: D

Rationale: To find out what fraction of the bill the fourth person pays, you first calculate the total fraction paid by the first three people: 1/3 + 1/4 + 1/6 = 4/12 + 3/12 + 2/12 = 9/12 = 3/4. This means that the first three people paid 3/4 of the bill. Therefore, the fourth person pays the remaining fraction: 1 - 3/4 = 1/4. So, the fourth person pays 1/4 of the bill. Choice A, 1/4, is incorrect because this is the total fraction paid by the first person. Choice B, 1/6, is incorrect as this is the fraction paid by the second person. Choice C, 1/3, is incorrect as this is the fraction paid by the third person.

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