Town A had a population of 62500 in 2022. After one year the population of Town A increased to 75000. What is the percentage increase in the population?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 20%.
The population of town A in 2022 = 62500
The population of town A in 2023 = 75000
Required increment = 75000 - 62500 = 12500
Percentage = 12500/62500 × 100 = 20%