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 options:
A) 4.37% B) 5% C) 6% D) 8.75% E) None
Explanation: Increase in 10 years = (262500 - 175000)= 
<gadget id="calculator">(262500 - 175000)</gadget>
<output>87_500</output>
87500.   Increase%= (87500/175000 x 100)% = 50%.   Required average = (50/10)= 
<gadget id="calculator">(50/10)</gadget>
<output>5</output>
5%.   Answer: Option 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: