Multiple Choice Questions on The population of a town increased from 250000 to 280000 in a decade The average percent increase in........... for CDS Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    The population of a town increased from 250000 to 280000 in a decade. The average percent increase in population per year is?

     

    1.5%
     

    Incorrect Answer

    1.2%
     

    Correct Answer

    2.4%
     

    Incorrect Answer

    2.5%

    Incorrect Answer
    Explanation:

    Increase in 10 year = (280000-250000) = 30000
    Increase % = (30000/250000)100% = 12%
    Required average = (12/10)% = 1.2%
    The average percent increase in population per year is 1.2% 


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