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	Choose the correct option:
A) 4.37%  B) 5%  C) 6%  D) 8.75%  E) None
Solution   Increase in 10 years	= (262500 - 175000)= 
<gadget id="calculator">(262500 - 175000)</gadget>
<output>87_500</output>
87500.   Increase%= (87500/175000×100)%   = 50%.   Required average	= (50/10)= 
<gadget id="calculator">(50/10)</gadget>
<output>5</output>
5%.   Answer 5%
<result>B</result>
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