Jim decides to start a small nonprofit business of renting out motor scooters to out his area residents. he puts in his own money and buys 5 motor scooters, each priced at $3,000. he incurs no other costs because he keeps the motor scooters in his own garage. the motor scooters last for 5 years. the number of motor scooters and the probability that they would be rented per month is shown in the table.
number of scooters 0 1 2 3 4 5
probability 1/32 5/32 10/32 10/32 5/32 1/32
at what price per month should jim rent out a scooter in order to break even?
a) 50
b)150
c)200
d)250
e)300