PSAT/NMSQT Exam Prep - Question List

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6. On a trip to the Netherlands you spend €275 per night in a hotel, €37.58 per day on meals and €50 per day on transportation. If you were there for four days and three nights, and the exchange rate from U.S. dollars to euros was $1.00 : €0.7515, about how much did you spend altogether, in U.S. dollars?
  1. $1,564
  2. $1,175
  3. $1,702
  4. $1,398
7. Jacqueline and Lee are meeting for the weekend somewhere between their cities, which are 420 miles apart. Jacqueline drives 80 mph for the duration of her trip. If they both left home at 10 a.m. and met at 1 p.m., what speed did Lee drive to reach their meeting spot?
  1. 75 mph
  2. 70 mph
  3. 65 mph
  4. 60 mph
8. The division of your company that you oversee contains 18 employees whose total salary last year was $855,000. The average salary of all company employees with the same level of responsibility and qualifications is $50,000. Is your department above or below the company average?
  1. Below by 20%
  2. Above by 10%
  3. Below by 5%
  4. Above by 15%
9. If Martin invests $20,000 for 20 years and his investment earns 20% interest compounding quarterly, what will it be worth at the end of his investment period?
  1. $991,228.82
  2. $120,000.00
  3. $244,529.20
  4. $424,872.36
10. A company just distributed candy bars wrapped with golden tickets hidden within ordinary shipments of their product. The company spokesperson announces that there is a “one in one thousand chance” of someone finding a golden ticket when they open a candy bar, and that 500,000 candy bars have been distributed in the golden ticket promotion. If a person buys three of the candy bars, what is their chance of finding a golden ticket?
  1. 0.30%
  2. 3%
  3. 0.00%
  4. 0.03%

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