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:

One Decade = 10 Years
Total Increase = 262500-175000=87500
Total Increase in One decade= 87500
Percentage= (Obtained/Total)*100
(87500/175000)*100
0.5*100=50%
Population Increase in one Decade = 50%
Population increase in one Year = 50/10=05%