thats the graph for the equation.
hope it helps
Here are the outcomes. You could also a tree diagram for this:
There are 49 outcomes for this problem. Therefore, 7/49 possible probability that 2 could be orange. To check if i'm correct, use a tree diagram or a compound principle.
900$ loss
X/150=.05/1
x= 142.5
120(142.5)=17100
120(150)= 18000
18000-17100= 900