Sometimes one is mystified at the starting reductions some people make in their price and wonders on what principle the reductions are based. To quote an example three years ago a friend offered me a used typewriter for $1024. A year later he offered me the same for $640 and last year he wanted $400 and now he is willing to sell it to me for $250. But I have decided to buy it when he reduces next time.
If he does a consistent reduction, at what price will he offer the typewriter to me next?	Choose one:
A) $224.25
B) $643.25
C) $156.25
D) $160.25
E) $234.25
$156.25   $156.25   It is obvious that the seller of the typewriter follows the rule to reduce three-eights of the price at every reduction, and , therefore, after the consistent reduction, the typewriter should be next offered for $156.25.
<result>C</result>
Sometimes one is mystified at the starting reductions some people make in their price and wonders on what principle the reductions are based. To quote an example three years ago a friend offered me a used typewriter for $1024. A year later he offered me the same for $640 and last year he wanted $400 and now he is willing to sell it to me for $250. But I have decided to buy it when he reduces next time.
If he does a consistent reduction, at what price will he offer the typewriter to me next?