This is a compound average growth rate problem. The total growth ratio over 10 years is 1.5, and the average annual growth rate is about 4.14%.
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 _____?
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Question context
This question is part of 📏 Arithmetic Aptitude within the broader 🧠 Aptitude Mastery subject and appears in the ASF Airports Security Force preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.