In a decade, a town’s population increases from 175000 to 262500. What is the average % increase of population each year?
Choose the correct choice from the following answers: A) 9% B) 2% C) 5% D) 7% E) 1%
Explanation:   Increase in population in 10 years= 262500-175000= 
<gadget id="calculator">262500-175000</gadget>
<output>87_500</output>
87500   Now, % increase will be increase in (population /original population) * 100=&gt; 87500/175000*100= 
<gadget id="calculator">87500/175000*100</gadget>
<output>50</output>
50% increase in population over 10 years   Therefore, Average % increase each year= 50/10= 
<gadget id="calculator">50/10</gadget>
<output>5</output>
5%   ANSWER: 5%
<result>C</result>
In a decade, a town’s population increases from 175000 to 262500. What is the average % increase of population each year?