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

• 4.37%

• 5%

• 6%

• 8.75 %

Answer 1

5%
Explanation:
Increase in 10 yr = (262500 - 175000) = 87500

Percent increase = `(87500/175000xx100)`% = 50%

∴ Required average = `(5/10)`% = 5%