Nursing Elites

1. 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.

2. Simplify the following expression: (1/4) × (3/5) ÷ 1 (1/8)

• A. 8/15
• B. 27/160
• C. 2/15
• D. 27/40

Correct answer: C

Rationale: First, convert the mixed number 1 (1/8) into an improper fraction: 1 (1/8) = 9/8. Now, simplify the expression: (1/4) × (3/5) ÷ (9/8). To divide by a fraction, multiply by its reciprocal: (1/4) × (3/5) × (8/9) = 24/180 = 2/15. Thus, the simplified expression is 2/15. Choice A (8/15) is incorrect because the correct answer is 2/15. Choice B (27/160) is incorrect as it is not the result of the given expression. Choice D (27/40) is incorrect as it does not match the simplified expression obtained.

3. While at the local ice skating rink, Cora went around the rink 27 times in total. She slipped and fell 20 of the 27 times she skated around the rink. What approximate percentage of the times around the rink did Cora not slip and fall?

• A. 37%
• B. 74%
• C. 26%
• D. 15%

Correct answer: C

Rationale: To find the approximate percentage of the times Cora did not slip and fall, subtract the times she fell (20) from the total times around the rink (27), which gives 7. Then, divide the number of times she did not slip and fall (7) by the total times around the rink (27) and multiply by 100 to get the percentage. So, 7 divided by 27 equals 0.259, which rounds to approximately 26%. Therefore, the correct answer is 26%. Choice A (37%) is incorrect because it does not reflect the calculation based on the given information. Choice B (74%) is incorrect as it is not the result of the correct calculation. Choice D (15%) is incorrect as it does not match the calculated percentage based on the scenario provided.

4. As the number of credit hours a student takes in a semester increases, the amount of tuition, the amount of access fees, and the number of student loans available also increase. Which of the following is the independent variable?

• A. Amount of tuition
• B. Number of credit hours
• C. Amount of access fees
• D. Number of student loans

Correct answer: B

Rationale: The correct answer is the number of credit hours. In this scenario, the number of credit hours is the independent variable because it is the factor that is intentionally changed or manipulated. The amount of tuition, access fees, and student loans are dependent variables as they are influenced by the number of credit hours a student takes. The number of credit hours drives the changes in the other factors, making it the independent variable.

5. If the price of a shirt was originally $30 and it is now being sold at a 20% discount, what is the sale price of the shirt?

• A. $24
• B. $25
• C. $26
• D. $28

Correct answer: A

Rationale: To find the discount amount, calculate 20% of $30: 0.20 × $30 = $6. Subtract the discount from the original price to get the sale price: $30 - $6 = $24. Therefore, the correct answer is $24. Choices B, C, and D are incorrect as they do not reflect the correct calculation of applying a 20% discount to the original price of $30.

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