The population of a town increased from 1,75,000 to 2,62,500 in a decade. What is the average percent increase of population per year?  Choose the correct choice from the following:  A) 2%  B) 3%  C) 5%  D) 7%  E) None
increase in the population in 10 years   =   262500   −   175000   =   87500   =262500−175000=87500   percent increase in the population in 10 years   =   87500   175000   ×   100   =   8750   175   =   50   %   =87500175000×100=8750175=50%   average percent increase of population per year   =   50%/10   =   5%   Option 5%50 /10= 
<gadget id="calculator">50 /10</gadget>
<output>5</output>
5%   Option 5%
<result>C</result>
The population of a town increased from 1,75,000 to 2,62,500 in a decade. What is the average percent increase of population per year?