a store is having a three-day sale. On the first day of the sale, the price of an item is reduced by 10% from its regular price.
Each day of the sale after the first day the price of each sale item is reduced to 90% of its price from the previous day.
one sale item has an original price of $10.00.
What is the price for the item on the 3rd day of the sale?
First, let's calculate the price of the item on the first day of the sale:
$10.00 - (10% of $10.00) = $10.00 - $1.00 = $9.00
Now, let's calculate the price of the item on the second day of the sale:
$9.00 * 0.90 = $8.10
Finally, let's calculate the price of the item on the third day of the sale:
$8.10 * 0.90 = $7.29
Therefore, the price for the item on the 3rd day of the sale is $7.29.