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
papay dey Answered question February 15, 2025
📊 Population Growth Calculation 📊
Initial population = 1,75,000
Final population = 2,62,500
Population increase = 2,62,500 – 1,75,000 = 87,500
Percentage increase = (87,500 / 1,75,000) × 100%
= 50%
To find the average annual growth rate, we can use the formula:
Average annual growth rate = (Total growth rate)^(1/Number of years) – 1
Average annual growth rate = (1 + 0.50)^(1/10) – 1
≈ 0.0457 or 4.57%
🎉 The average percent increase of population per year is approximately 4.57%. 📊
papay dey Answered question February 15, 2025