Nursing Elites

1. The price dropped from $200 to $150. By what percentage did the price decrease?

• A. 5%
• B. 10%
• C. 20%
• D. 25%

Correct answer: D

Rationale: The difference between the original price ($200) and the new price ($150) is $50. To find the percentage decrease, divide the difference by the original price and multiply by 100: ($50 / $200) × 100 = 25%. Therefore, the correct answer is D, meaning the price decreased by 25%. Choices A, B, and C are incorrect as they do not accurately represent the percentage decrease in price.

2. 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.

3. How many pounds are in 48 ounces?

• A. 3 lbs
• B. 6 lbs
• C. 4 lbs
• D. 8 lbs

Correct answer: A

Rationale: To convert ounces to pounds, you need to know that there are 16 ounces in a pound. Therefore, to find out how many pounds are in 48 ounces, you divide 48 by 16: 48 ÷ 16 = 3 pounds. This means that 48 ounces is equivalent to 3 pounds. Choice B, 6 lbs, is incorrect as it doesn't correctly convert 48 ounces to pounds. Choice C, 4 lbs, is incorrect as it doesn't take into account the conversion factor of 16 ounces per pound. Choice D, 8 lbs, is also incorrect as it doesn't reflect the accurate conversion of ounces to pounds.

4. Subtract 12 - 7 4\5.

• A. 5 1\5
• B. 5 2\5
• C. 4 5\6
• D. 3 1\3

Correct answer: A

Rationale: Subtract the whole numbers and then subtract the fractions: 12 - 7 4\5 = 5 1\5.

5. Convert 2100 to standard time.

• A. 12:00 PM
• B. 2:00 AM
• C. 9:00 PM
• D. 2:00 PM

Correct answer: C

Rationale: Military time is based on a 24-hour clock. To convert 2100 hours to standard time, subtract 1200 from the time if it is greater than or equal to 1300. In this case, 2100 - 1200 = 900, which corresponds to 9:00 PM in standard time. Choice A, 12:00 PM, is incorrect because 2100 is in the evening, not noon. Choice B, 2:00 AM, is incorrect as it represents the early morning hours. Choice D, 2:00 PM, is incorrect as it is in the afternoon, not the evening.

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