Maths Olympiad Prep

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, 2005

Algebra Difficulty 2.0 Junior Find the answer Canada

Emily was at a garage sale where the price of every item was reduced by 10%10\% of its current price every 1515 minutes. At 9:009{:}00 a.m., the price of a carpet was $10.00\$10.00. At 9:159{:}15 a.m., the price was reduced to $9.00\$9.00. As soon as the price of the carpet fell below $8.00\$8.00, Emily bought it. At what time did Emily buy the carpet?

(A) 9:459{:}45 a.m. (B) 9:159{:}15 a.m. (C) 9:309{:}30 a.m. (D) 10:1510{:}15 a.m. (E) 10:0010{:}00 a.m.

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