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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 - Mathematics

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MCQ

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

Options

  • 4.37%

  • 5%

  • 6%

  • 8.75 %

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Solution

5%
Explanation:
Increase in 10 yr = (262500 - 175000) = 87500

Percent increase = `(87500/175000xx100)`% = 50%

∴ Required average = `(5/10)`% = 5%

Concept: Percentage, Discount and Partnership (Entrance Exam)
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