Nursing Elites

1. If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?

• A. $43,333.33
• B. $86,666.67
• C. $52,000.00
• D. $78,000.00

Correct answer: B

Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.

2. Margery is planning a vacation, and her round-trip airfare will cost $572. Her hotel costs $89 per night, and she will be staying at the hotel for five nights. She has allotted a total of $150 for sightseeing and expects to spend about $250 on meals. She will receive a 10% discount on the hotel price after the first night. What is the total amount Margery expects to spend on her vacation?

• A. $1,328.35
• B. $1,373.50
• C. $1,381.40
• D. $1,417.60

Correct answer: C

Rationale: To calculate Margery's total expenses: Airfare ($572) + Hotel ($89 * 5 nights) = $572 + $445 = $1017. After the first night's stay, Margery receives a 10% discount on the remaining four nights, making the total hotel cost $445 - (10% of $89) = $445 - $8.90 = $436.10. Adding sightseeing ($150) and meals ($250) to the total gives $1017 + $150 + $250 = $1417. Margery's expected expenses are $1417, not $1381.40 as stated in the original rationale. Therefore, the correct answer is $1,417.60 (Option D).

3. How many milligrams are in 5 grams?

• A. 0.005 mg
• B. 50 mg
• C. 500 mg
• D. 5000 mg

Correct answer: D

Rationale: To convert grams to milligrams, you need to multiply by 1000 since 1 gram is equal to 1000 milligrams. Therefore, 5 grams is equal to 5 * 1000 = 5000 milligrams. Choices A, B, and C are incorrect because they do not correctly convert grams to milligrams. Choice A is incorrect as it represents a decrease in value instead of an increase when converting from grams to milligrams. Choice B is incorrect because it is a factor of 10 lower than the correct answer. Choice C is incorrect as it is a factor of 10 lower than the correct answer. Thus, the correct answer is D, 5000 mg.

4. Erma has her eye on two sweaters, one for $50 and one for $44. With a sale of 25% off the cheaper item, what will she spend?

• A. 79
• B. 81
• C. 83
• D. 85

Correct answer: A

Rationale: Erma pays full price for the $50 sweater and gets 25% off the $44 sweater. 25% of $44 is $11, so she pays $33 for the second sweater. Therefore, the total amount Erma spends is $50 (first sweater) + $33 (second sweater) = $79. Choices B, C, and D are incorrect as they do not correctly calculate the total amount Erma would spend on both sweaters.

5. John’s Gym charges its members according to the equation y = 40x, where x is the number of months and y represents the total cost to each customer after x months. Ralph’s Recreation Room charges its members according to the equation y = 45x. What relationship can be determined about the monthly cost to the members of each company?

• A. John’s monthly membership fee is equal to Ralph’s monthly membership fee.
• B. John’s monthly membership fee is more than Ralph’s monthly membership fee.
• C. John’s monthly membership fee is less than Ralph’s monthly membership fee.
• D. No relationship can be determined between the monthly membership fees.

Correct answer: C

Rationale: The equation y = 40x represents John's Gym charging $40 per month, while the equation y = 45x represents Ralph's Recreation Room charging $45 per month. Since $40 is less than $45, it can be concluded that John's Gym offers a lower monthly membership fee compared to Ralph's Recreation Room. Therefore, the correct answer is that John’s monthly membership fee is less than Ralph’s monthly membership fee. Choices A and B are incorrect because John's fee is not equal to or greater than Ralph's fee. Choice D is incorrect as there is a clear relationship indicating that John’s monthly membership fee is less than Ralph’s monthly membership fee.

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