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:

1.

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:

[A].	4.37%
[B].	5%
[C].	6%
[D].	8.75%

Answer: Option B

Explanation:

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

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

Required average =		50	% = 5%.
		10

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