The population of a town is increased from 54500 to 58500 in one year. What is the percentage increase in the population?

4.34% 5.34% 6.34% 7.34%

7.34%

Increase in population = 4000 ( 58500 - 54500) Percentage increase in the population = \(\frac{ 4000}{ 54500}\) x 100 = 7.3%