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. At a car dealership, employees earn a monthly base salary of $2,000 plus 3% commission on total sales. If an employee makes $5,000 in sales, what will their total monthly earnings be?

• A. $2,500
• B. $2,150
• C. $2,100
• D. $2,300

Correct answer: A

Rationale: To calculate the total monthly earnings, we first find the commission earned on $5,000 sales, which is 3% of $5,000 = $150. Adding this commission to the $2,000 base salary gives a total of $2,000 + $150 = $2,150. Therefore, the correct total monthly earnings are $2,500. Choice B ($2,150) is incorrect because it only includes the base salary and the commission but miscalculates the total. Choices C ($2,100) and D ($2,300) are also incorrect as they do not account for the correct calculation of the commission on sales.

3. In a research study, a researcher collects data on the number of hours spent studying and the grades students received. Which of the following is the dependent variable?

• A. The number of hours spent studying
• B. The grades students received
• C. The subjects students studied
• D. The number of students in the study

Correct answer: B

Rationale: The correct answer is B: 'The grades students received.' In this scenario, the grades students received are the dependent variable because they are influenced by the number of hours spent studying. The grades are the outcome that is being measured based on the manipulation or observation of the independent variable, which in this case is the number of hours spent studying. Choices A, C, and D are incorrect. The number of hours spent studying is the independent variable being manipulated or observed, the subjects students studied is not directly related to the dependent variable, and the number of students in the study is not the variable being measured or influenced by the independent variable.

4. Which of the following expressions represents the sum of three times a number and eight times a different number?

• A. 3x + 8y
• B. 8x + 3x
• C. 3x - 8y
• D. 8x - 3y

Correct answer: A

Rationale: The correct expression for the sum of three times a number and eight times a different number is given by 3x + 8y. This represents adding three times the variable x (3x) to eight times the variable y (8y). Choice B (8x + 3x) is incorrect as it represents adding eight times x to three times x, which is redundant. Choice C (3x - 8y) is incorrect because it represents subtracting eight times y from three times x, not their sum. Choice D (8x - 3y) is also incorrect as it represents subtracting three times y from eight times x, not their sum.

5. A man decided to buy new furniture from Futuristic Furniture for $2,600. Futuristic Furniture gave the man two choices: pay the entire amount in one payment with cash, or pay $1,000 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. $1,480 more
• B. $1,280 more
• C. $1,600 more
• D. $2,480 more

Correct answer: B

Rationale: To calculate the total cost with the financing plan, multiply $120 by 24 months to get $2,880. Adding the $1,000 down payment gives a total of $3,880. By comparing this total with the initial cost of $2,600 when paying in cash, the man would pay $1,280 more with the financing plan. Choice A, $1,480 more, is incorrect because it miscalculates the additional amount. Choice C, $1,600 more, is incorrect as it overestimates the extra cost. Choice D, $2,480 more, is incorrect as it significantly overstates the additional payment.

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