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. Find x. 120:x = 40:0.5.

• A. 60
• B. 0
• C. 1
• D. 25

Correct answer: C

Rationale: To find x, set up the proportion and solve for x: 120/x = 40/0.5. Cross multiply to get 120 * 0.5 = 40x. This simplifies to 60 = 40x. Divide by 40 to isolate x, giving x = 60/40 = 1. Therefore, the correct answer is C, which is 1. Choice A (60) is incorrect because it does not match the correct calculation. Choice B (0) is incorrect as the calculation results in x = 1, not 0. Choice D (25) is incorrect as it does not match the correct calculation of x = 1.

3. A mother is planning a birthday party. She will give each child 15 balloons. There are 50 balloons per packet. How many packets does the mother need if there will be 16 children?

• A. 17
• B. 5
• C. 6
• D. 50

Correct answer: B

Rationale: To calculate the total number of balloons needed, multiply the number of children by the balloons each child will receive: 16 children * 15 balloons = 240 balloons. Since there are 50 balloons per packet, divide the total number of balloons needed by the balloons per packet: 240 balloons ÷ 50 balloons per packet = 4.8 packets. As you cannot buy a fraction of a packet, the mother will need to round up to the nearest whole number of packets, which is 5. Therefore, the correct answer is 5 packets. Choice A (17) is incorrect because it does not accurately calculate the number of packets needed. Choice C (6) is incorrect as it overestimates the number of packets required. Choice D (50) is incorrect as it does not consider the number of children and balloons per child in the calculation.

4. What is the ratio of women to the total number of students in the class?

• A. 4:7
• B. 16:28
• C. 3:5
• D. 2:3

Correct answer: A

Rationale: To find the ratio of women to the total number of students, you need to simplify the ratio of 16:28. By dividing both numbers by the greatest common factor, which is 4, you get 4:7. Therefore, the correct ratio of women to the total number of students is 4:7. Choice A is correct. Choices C and D are incorrect because they do not represent a valid ratio. Choice B is the original ratio given in the question, which should be simplified to 4:7 as explained in the rationale.

5. A teacher's aide must convert the directions from quarts to liters. The directions say to dilute the contents of a package in 3 quarts of water. How many liters should be used?

• A. 2.8 liters
• B. 3.5 liters
• C. 2.5 liters
• D. 4.0 liters

Correct answer: A

Rationale: To convert quarts to liters, you can multiply the number of quarts by 0.946353. In this case, 3 quarts is approximately 2.8 liters. Therefore, the correct answer is 2.8 liters. Choices B, C, and D are incorrect as they do not reflect the accurate conversion from quarts to liters.

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