a
>>>['7:00','8:00','9:20','10:00','11:00','12:00','12:50','14:00','14:50','16:00','17:00','17:50','21:00','22:30','9:00','10:30','11:00','12:30','14:00','15:00','16:00','17:10','18:00','19:00','21:00','22:30']
b =sorted(a, key=lambda x:int(x[:-3]+x[-2:]))
b
>>>['7:00','8:00','9:00','9:20','10:00','10:30','11:00','11:00','12:00','12:30','12:50','14:00','14:00','14:50','15:00','16:00','16:00','17:00','17:10','17:50','18:00','19:00','21:00','21:00','22:30','22:30']