The population of a town increased from 1,75,000 to 2,62,500 in a decade. The a

Question

The population of a town increased from 1,75,000 to 2,62,500 in a decade. The average percent increase of population per year is:

Options:

A . 4.37%

B . 5%

C . 6%

D . 8.75%

Answer: Option B

Increase in 10 years = (262500 - 175000) = 87500.

Increase% = 87500 x 100 % = 50%. 175000

Required average = 50 % = 5%. 10

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