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 equal 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? (1 point) Responses $9.00 $9.00 $7.90 $7.90 $8.10 $8.10 $7.29
The price of the item on the first day of the sale is $10.00 - 10% = $9.00.
On the second day of the sale, the price is reduced to 90% of $9.00, which is $9.00 * 0.90 = $8.10.
Finally, on the third day of the sale, the price is reduced to 90% of $8.10, which is $8.10 * 0.90 = $7.29.
Therefore, the price of the item on the 3rd day of the sale is $7.29.