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

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

Loan (Thousand rupes) 40-50 50-60 60-70 70-80 80-90
No. of farms ponds 13 20 24 36 7

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∴ The mean of the loans given by the bank is Rs. 65,400.

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