The population of a town increased from 1,75,000 to 2,62,500 in a decade. The average percentage; increase of the population per year is-

The population of a town increased from 1,75,000 to 2,62,500 in a decade. The average percentage; increase of the population per year is-

A 4.7%

B 5%

C 6%

D 8.75%

Solution

Correct Answer: Option B

Increase in 10 years = (262500 - 175000) = 87500.

Increase% = (87500X100/175000)% = 50%

Required average =50/10%=5%