The population of a town increased from 1,75,000 to 2,27,500 in a decade. The average percent increase of population per year is  Choose the correct option:
A) 4.37%
B) 5%
C) 3%
D) 8.75%
E) None
Solution   Increase in 10 years	= (227500 - 175000)= 
<gadget id="calculator">(227500 - 175000)</gadget>
<output>52_500</output>
52500.   Increase%= (52500/175000Ã—100)%   = 30%.   Required average	= (30/10)= 
<gadget id="calculator">(30/10)</gadget>
<output>3</output>
3%.   Answer 3%
<result>C</result>
The population of a town increased from 1,75,000 to 2,27,500 in a decade. The average percent increase of population per year is