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CSX
The answer is false.
There are only for operations for arithmetics. 
Addition. Subtraction. Multiplication. Division. 

Hope I helped!
-CSX

Answer with explanation:

There are four familiar operation on arithmetic

1. Addition

2. Subtraction

3. Multiplication, and

4. Division

So, it is Incorrect statement,that there are 5 familiar operations for arithmetic.

 →False Statement

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