Q3 of 50 Page 164

The loans sanctioned by a bank for construction of farm ponds are shown in the following table. Find the mean of the loans.


Mean is given by



⇒ Mean = 6540/100


⇒ Mean = 65.4


Now, since the loan is given in thousand rupees.


Then, Mean = 65.4 × 1000


⇒ Mean = 65400


Thus, mean loan is Rs. 65,400.


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