Nursing Elites

1. A consumer makes a $400 down payment on a television that costs $1,570. Which of the following is the number of months it will take to pay off the television with monthly payments of $100?

• A. 12
• B. 16
• C. 15
• D. 11

Correct answer: A

Rationale: After the $400 down payment, the remaining balance is $1,170. With monthly payments of $100, it will take 12 months to pay off the remaining balance. Therefore, the correct answer is 12 months. Choice B (16) is incorrect as it exceeds the required timeframe. Choice C (15) is incorrect as it is close but still one month over the correct timeframe. Choice D (11) is incorrect as it underestimates the time needed to pay off the remaining balance.

2. 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.

3. Using the chart below, which equation describes the relationship between x and y?

• A. x = 3y
• B. y = 3x
• C. y = 1/3x
• D. x/y = 3

Correct answer: B

Rationale: The correct equation that describes the relationship between x and y based on the chart is y = 3x. This is because each y-value in the chart is 3 times the x-value. Choice A (x = 3y) is incorrect as it implies x is 3 times y, which is the opposite of the relationship shown in the chart. Choice C (y = 1/3x) is incorrect since the relationship in the chart indicates y is 3 times x, not a third of x. Choice D (x/y = 3) is incorrect as it represents a ratio between x and y equal to 3, which is not in line with the relationship depicted in the chart.

4. Erma has her eye on two sweaters at her favorite clothing store, but she has been waiting for the store to offer a sale. This week, the store advertises 25% off a second item of equal or lesser value. One sweater is $50, and the other is $44. What will Erma spend?

• A. $79
• B. $81
• C. $83
• D. $85

Correct answer: C

Rationale: Erma receives a 25% discount on the $44 sweater, which amounts to a $11 discount. Therefore, she pays $44 - $11 = $33 for this sweater. Adding this discounted price to the $50 sweater, Erma will spend a total of $50 + $33 = $83. Choice A, $79, is incorrect because it does not include the correct calculation for the discounted sweater. Choice B, $81, is incorrect as it does not consider the discounts on both sweaters. Choice D, $85, is incorrect since it overestimates the total amount Erma will spend.

5. What is the range in the number of houses sold per year?

• A. 20
• B. 25
• C. 29
• D. 35

Correct answer: C

Rationale: The range in the number of houses sold per year is calculated by subtracting the minimum number of houses sold from the maximum number of houses sold. In this case, the range is 42 (maximum) - 11 (minimum) = 31, not 29 as stated in the original rationale. Therefore, choice C (29) is incorrect. Choices A (20), B (25), and D (35) are also incorrect as they do not reflect the correct range of houses sold per year, which is 31.

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