The is an equilibrium problem, about low-moderate difficulty. An #"ICE"# table is needed to efficiently solve this. Concentration calculations I will omit so my answer is more clear, however, be meticulous with these on exams, I can't count how many stupid mistakes I've made over these.
#2IBr(g) rightleftharpoons I_2(g) + Br_2(g)# where #K_c = 8.5*10^-3#, and
#K_c = ([I_2][Br_2])/([IBr]^2)#
Hence,
#2IBr(g) rightleftharpoons I_2(g) + Br_2(g)#
#K_c = 8.5*10^-3 = (x^2)/(0.03-x)^2#
#K_c = 9.2*10^-2 = x/(0.03 -x)#
#therefore x approx 0.0025#
The concentrations at equilibrium (which I've calculated per the #"ICE"# table) are,
#[IBr] = 0.0275M#
#[I_2] = [Br_2] = 0.0025M#
This is reasonable because #K_c < 1#, and the reaction won't be very active in the right direction, hence the small "product" concentrations.