Question:

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

Maharashtra Board Solutions for Class 10 Maths Part 1 chapter 6 - Image 46

Answer:

Using given data, we can construct a table which is mentioned below.

Maharashtra Board Solutions for Class 10 Maths Part 1 chapter 6 - Image 47

Mean is given by

Maharashtra Board Solutions for Class 10 Maths Part 1 chapter 6 - Image 48

⇒ 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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