Nursing Elites

1. If an investment earns 5% interest annually, how much interest will it earn in 1 year on a principal of $1,000?

• A. $40
• B. $50
• C. $60
• D. $55

Correct answer: B

Rationale: The correct answer is B: $50. To calculate the interest earned on an investment with a 5% interest rate on a principal of $1,000, you simply multiply the principal amount by the interest rate. 5% of $1,000 is $50. Therefore, the investment will earn $50 in interest in 1 year. Choice A, $40, is incorrect because it represents 4% interest instead of 5%. Choice C, $60, is incorrect because it overestimates the interest earned. Choice D, $55, is incorrect as it does not accurately reflect the 5% interest on the principal amount.

2. What is 80% of $500?

• A. $425
• B. $450
• C. $350
• D. $400

Correct answer: D

Rationale: To find 80% of $500, you multiply 0.8 by 500. Therefore, 0.8 x 500 = $400. This means that option D, $400, is the correct answer. Option A, $425, is incorrect because it is higher than the calculated value. Option B, $450, is also higher than the correct answer. Option C, $350, is lower than the calculated value. Hence, the correct answer is D, $400.

3. Which numeric system does not use place value?

• A. Roman
• B. Arabic
• C. Decimal
• D. Binary

Correct answer: A

Rationale: The Roman numeric system does not use place value as the Arabic, Decimal, and Binary systems do. In the Roman numeral system, the value of each symbol is independent of its position, unlike in the other systems where the position of a digit affects its value. This unique characteristic of Roman numerals distinguishes them from place-value systems like Arabic, Decimal, and Binary. Therefore, the correct answer is Roman (Choice A). Choices B, C, and D (Arabic, Decimal, and Binary) all utilize place value, where the position of a digit within a number determines its value, unlike Roman numerals.

4. What is the result of adding 7 2/3 and 5 5/12?

• A. 11 1/12
• B. 12 1/4
• C. 13 1/12
• D. 14 1/6

Correct answer: C

Rationale: To add mixed numbers, convert them to improper fractions. 7 2/3 = 23/3 and 5 5/12 = 65/12. Adding them results in 233/12. Converting this improper fraction back to a mixed number gives 19 5/12, which simplifies to 13 1/12. Therefore, the correct answer is 13 1/12.\nChoice A (11 1/12) is incorrect as it does not represent the correct sum of the given mixed numbers. Choice B (12 1/4) is incorrect as it is not the result of adding 7 2/3 and 5 5/12. Choice D (14 1/6) is incorrect as it is not the correct sum of the provided mixed numbers.

5. If a marathon runner burns 2276 calories in 21.4 miles, what is their rate of calories burned per mile?

• A. 107.5
• B. 106.4
• C. 105.6
• D. 109.3

Correct answer: B

Rationale: To find the rate of calories burned per mile, divide the total calories burned by the total miles run: 2276 ÷ 21.4 ≈ 106.4 calories per mile. This calculation gives the average number of calories burned for each mile of the marathon. Choice A, 107.5, is incorrect as it does not match the precise calculation result. Choices C and D are also incorrect as they are not the accurate rate of calories burned per mile based on the given data.

Similar Questions