## 19. Price Reduction.

- It often puzzles me, - said Colonel Crackham, - the curious system of price reduction one sometimes encounters, and I have been trying to understand its pattern. For example, two years ago a man offered me a motorcycle for $1024. A year later he reduced the price to $640, a little later he asked only $400, and last week he was willing to sell it for just $250. When he reduces the price again, I will buy the motorcycle. How much will I have to pay after the next reduction?
19. The seller reduced the price by \(\frac{3}{8}\) of the motorcycle's cost each time. Consequently, with the next reduction, he will offer a price of 156 dollars and 25 cents.