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 choice from the following choices.
A) 4.37%  B) 5%  C) 6%  D) 8.75%  E) None of these
Solution   Increase in 10 year= (262500 - 175000)= 
<gadget id="calculator">(262500 - 175000)</gadget>
<output>87_500</output>
87500.   Increase%=( f87500/175000x 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 :