Nursing Elites

1. The owner of a newspaper has noticed that print subscriptions have gone down 40% while online subscriptions have gone up 60%. Print subscriptions once accounted for 70% of the newspaper’s business, and online subscriptions accounted for 25%. What is the overall percentage growth or decline in business?

• A. 13% decline
• B. 15% decline
• C. 28% growth
• D. 8% growth

Correct answer: A

Rationale: To calculate the decline in business, start with the 40% decline in the 70% share of print subscriptions: 40% of 70% = 0.40 × 0.70 = 0.28 = 28% decline. Next, calculate the growth from the 60% increase in the 25% share of online subscriptions: 60% of 25% = 0.60 × 0.25 = 0.15 = 15% growth. To find the overall change, sum the decline and growth percentages: 28% decline + 15% growth = -0.28 + 0.15 = -0.13 = 13% decline. Therefore, the overall percentage change in the newspaper's business is a 13% decline. Option A is the correct answer. Option B is incorrect because it doesn't consider the correct calculations for both the decline and growth. Option C is incorrect as it misinterprets the net change in business. Option D is incorrect as it miscalculates the overall percentage growth or decline.

2. A car dealership’s commercials claim that this year’s models are 20% off the list price, plus they will pay the first 3 monthly payments. If a car is listed for $26,580, and the monthly payments are set at $250, what is the total potential savings?

• A. $1,282
• B. $5,566
• C. $6,066
• D. $20,514

Correct answer: C

Rationale: To calculate the total potential savings: First, find the 20% discount on the list price of $26,580: 0.20 × $26,580 = $5,316. Then, determine the savings over the first 3 months of payments: 3 months × $250/month = $750. Add the discount and the monthly payment savings to get the total potential savings: $5,316 + $750 = $6,066. Therefore, the correct answer is $6,066. Choice A, $1,282, is incorrect because it does not account for the total savings from both the discount and the monthly payments. Choice B, $5,566, is incorrect as it miscalculates the total savings by excluding the savings from the monthly payments. Choice D, $20,514, is incorrect as it does not consider the discount and only focuses on the list price.

3. Jacob has $100. She spends 87% of the money. She then invests the remaining amount and earns a profit of 75%. How much money does she now have?

• A. $13.00
• B. $87.00
• C. $22.75
• D. $9.75

Correct answer: C

Rationale: Jacob spends 87% of $100, which is $87, leaving her with $13. When she invests the remaining $13 and earns a 75% profit, she gains an additional $9.75. Thus, the total amount she now has is $13 (remaining amount) + $9.75 (profit) = $22.75. Choice A is incorrect as it reflects the remaining amount before investing and earning a profit. Choice B is incorrect as it does not account for the profit earned from the investment. Choice D is incorrect as it only considers the profit amount, not the total sum.

4. Three friends are sharing a burger. One friend eats a quarter of the burger. The other two friends equally divide the rest among themselves. What portion of the burger did each of the other two friends receive?

• A. 6-Jan
• B. 4-Jan
• C. 4-Mar
• D. 8-Mar

Correct answer: D

Rationale: After one friend eats a quarter of the burger, 3/4 of the burger remains. Dividing this equally between the other two friends means each receives 3/8 of the whole burger. Therefore, the correct answer is 8-Mar. Choice A (6-Jan), Choice B (4-Jan), and Choice C (4-Mar) are incorrect as they do not accurately represent the portion each of the other two friends receives after one friend consumes a quarter of the burger.

5. A leather recliner is on sale for 30% less than its original price. A consumer has a coupon that saves an additional 25% off of the sale price. If the consumer pays $237 for the recliner, what is the original price of the recliner to the nearest dollar?

• A. $316
• B. $431
• C. $451
• D. $527

Correct answer: D

Rationale: To find the original price of the recliner, you need to reverse calculate. Let x be the original price. The sale price is 70% of the original price, and after the additional 25% coupon discount, the consumer pays $237. Setting up the equation: x × 0.70 × 0.75 = 237. Solving this equation, x ≈ $527. Therefore, the original price of the recliner was approximately $527. Choices A, B, and C are incorrect as they do not align with the correct calculation based on the given discounts.

Similar Questions