Hi Gmat_misson.
Let's take a look at your question.
In a sequence of 40 numbers, each term, except for the first one, is 7 less than the previous term. If the greatest term in the sequence is 281, what is the smallest term in the sequence?
We have that $$a_1=281,\ a_2=281-7,\ \ a_3=\left(281-7\right)-7,\ a_4=\left(\left(281-7\right)-7\right)-7$$ $$a_1=281,\ a_2=a_1+\left(-7\right),\ \ a_3=a_1+\left(-14\right),\ a_4=a_1+\left(-21\right),\ ....$$ $$a_1=281,\ a_2=a_1+\left(-7\right),\ \ a_3=a_1+2\cdot\left(-7\right),\ a_4=a_1+\left(3\right)\left(-7\right),\ ....$$ Therefore, we get the general form: $$a_n=a_1+\left(n-1\right)\left(-7\right).$$ So, the last term (nº40, the smallest) is equal to $$a_{40}=a_1+\left(40-1\right)\left(-7\right)=281+\left(39\right)\left(-7\right)=281-273=8.$$ So, the correct answer is the option A.
I hope this explanation is clear enough.
Regards.