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: Select the correct option
A) 4.5%
B) 4%
C) 5%
D) 6%
E) 5.5%
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:5%
<result>C</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: