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. In the time required to serve 43 customers, a server breaks 2 glasses and slips 5 times. The next day, the same server breaks 10 glasses. How many customers did she serve?

• A. 25
• B. 43
• C. 86
• D. 215

Correct answer: C

Rationale: In the first scenario, for 43 customers served, the server broke 2 glasses and slipped 5 times. This means for each customer served, the server broke 2/43 glasses and slipped 5/43 times. The information about breaking 10 glasses the next day is irrelevant to the number of customers served. Therefore, to find out the total number of customers served, we calculate 43 customers * (2 glasses/customer + 5 slips/customer) = 86. Choice A, 25, is incorrect as it does not consider the total number of glasses broken or slips. Choice B, 43, is incorrect because it only considers the initial number of customers. Choice D, 215, is incorrect as it miscalculates the relationship between customers, glasses broken, and slips.

3. Solve: 2 - 8(24 ÷ 2).

• A. -94
• B. -92
• C. -96
• D. -90

Correct answer: A

Rationale: To solve the expression, we follow the order of operations (PEMDAS). First, we divide 24 by 2 to get 12. Then, we multiply 8 by 12, which equals 96. Finally, we subtract 96 from 2: 2 - 96 = -94. Therefore, the correct answer is A, '-94'. Choices B, C, and D are incorrect as they do not follow the correct order of operations or make errors during calculation.

4. If a car's gas tank is 3/4 full and the tank holds 16 gallons when full, how many gallons are in the tank?

• A. 12 gallons
• B. 8 gallons
• C. 14 gallons
• D. 10 gallons

Correct answer: A

Rationale: To find out how many gallons are in the tank when it is 3/4 full, you need to calculate 3/4 of 16 gallons. 3/4 of 16 is (3/4) x 16 = 12 gallons. Therefore, the car's gas tank contains 12 gallons when it is 3/4 full. Choice B (8 gallons) is incorrect because that would be 1/2 of the tank's capacity, not 3/4. Choice C (14 gallons) is incorrect as it exceeds the full capacity of the tank. Choice D (10 gallons) is incorrect as it is less than 3/4 of the tank's capacity.

5. A newspaper kiosk sells 10 varieties of newspapers from around the world. The average daily sales for some of the varieties are as follows: English language newspapers sell 25 each day, French language newspapers sell 1 each day, Korean language newspapers sell 16 each day, Japanese language newspapers sell 16 each day, and Russian language newspapers sell 22 each day. How many newspapers are sold each day?

• A. 368 papers
• B. 370 papers
• C. 500 papers
• D. 400 papers

Correct answer: A

Rationale: To calculate the total number of newspapers sold each day, add the sales for each language: 25 (English) + 1 (French) + 16 (Korean) + 16 (Japanese) + 22 (Russian) = 80. Multiply this by the number of language varieties (10) to get the total number of newspapers sold: 80 x 10 = 800. Therefore, the kiosk sells 800 newspapers each day, not 368 as erroneously stated. The correct answer is 800 papers.

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