Is X a continuous or discrete random variable, and why?

Explain what the distribution of X is.

Of the total number of pencil cases produced in two months, what is the probability that 2 or fewer are defective?

Besides bags, the company also makes backpacks. In a month, they make 20 backpacks, but each backpack has a 5% probability of being defective. Let be the number of defective backpacks that it produces in a month. Defective products cannot be sold, and therefore, The company must take a loss for all the defective items produced. If the cost of making a pencil is $10, and the cost of making a backpack is $15, what is the expected yearly loss to the company?