Nursing Elites

1. Based on a favorable performance review at work, Matt receives a 3/20 increase in his hourly wage. If his original hourly wage is represented by w, which of the following represents his new wage?

• A. 0.15w
• B. 0.85w
• C. 1.12w
• D. 1.15w

Correct answer: D

Rationale: To calculate Matt's new wage after a 3/20 increase, we need to add this percentage increase to his original wage. The increase in decimal form is 3/20 = 0.15. Therefore, the new wage is w + w(0.15) = w(1 + 0.15) = 1.15w. This means the correct answer is D. Choices A, B, and C are incorrect because they do not account for the full 3/20 increase in the wage. Choice A (0.15w) represents only the increase percentage, not the total new wage. Choice B (0.85w) and Choice C (1.12w) do not accurately calculate the new wage after the increase, leading to incorrect representations of the final wage.

2. What is the product of 2/3 and 3/4?

• A. 1
• B. 2
• C. 3
• D. 4

Correct answer: A

Rationale: To multiply fractions, you multiply the numerators to get the new numerator and multiply the denominators to get the new denominator. Therefore, multiplying 2/3 by 3/4 results in (2*3) / (3*4) = 6/12. Simplifying 6/12 by dividing both the numerator and denominator by 6 gives 1. Hence, the correct answer is 1. Choices B, C, and D are incorrect as they do not represent the correct product of multiplying 2/3 by 3/4.

3. After taxes, a worker earned $15,036 in 7 months. What is the amount the worker earned in 2 months?

• A. $2,148
• B. $4,296
• C. $6,444
• D. $8,592

Correct answer: B

Rationale: To find the amount earned in 2 months, set up a proportion using two ratios relating amount earned to months: (15,036/7) = (x /2). Cross-multiply and solve for x: 7x = 30,072, x = 4,296. Therefore, the worker earned $4,296 in 2 months. Choice A, $2,148, is incorrect as it is half of the correct answer. Choices C and D, $6,444 and $8,592, are incorrect as they do not correspond to the calculated proportion.

4. 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.

5. What is 1.25 as a fraction?

• A. 1 1/4
• B. 5/4
• C. 4/5
• D. 25/20

Correct answer: B

Rationale: To convert a decimal to a fraction, we note that 1.25 can be expressed as 1 + 0.25. Since 0.25 is equivalent to 25/100 or 1/4, we add 1 whole to 1/4 to get 1 1/4, which simplifies to 5/4. Therefore, 1.25 as a fraction is 5/4. Choice A (1 1/4) is the mixed number form of 5/4. Choice C (4/5) and Choice D (25/20) are incorrect fractions that do not represent 1.25.

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