Rajesh has just bought a $VCR$ from Maharashtra Electronics and the shop offers an after-sales service contract for Rs. $1000$ for the next five years. Considering the experience of $VCR$ users,the following distribution of maintenance expenses for the next five years is formed:
Expenses$0$$500$$1000$$1500$$2000$$2500$$3000$
Probability$0.35$$0.25$$0.15$$0.10$$0.08$$0.05$$0.02$

The expected value of the maintenance cost is:

  • A
    Rs. $800$
  • B
    Rs. $770$
  • C
    Rs. $700$
  • D
    Rs. $900$

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