Q. Shama's annual saving is Rs. 222,000. What is the amount of Zakat to be paid by her? (Ans. Rs. 5,550)
Given:
Annual Saving = Rs.222,000
Rate of Zakat = 2.5% (Fixed in Islam)
To Find:
Amount of Zakat = ?
Solution:
Amount of Zakat = 2.5% of Rs.222,000
Amount of Zakat = `{\frac{2.5}{100}}\times Rs.222000`
Amount of Zakat = Rs. 5,550
Thus, the Amount of Zakat is Rs.5,550 that Shama will pay as Zakat.
Similar Questions:
An amount of Rs.62,480 remained with Nosheen for a complete year. How much Zakat will she pay?
Calculate amount of zakat payable on Rs. 60,850 (Ans. Rs. 1271.25)
Find the amount of zakat payable on Rs. 7500 at the rate if 2`\frac {1}{2}`%. (Ans. 187.50)
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© 2022-23 Academic Skills and Knowledge (ASK)
Note: Write me in the comments box below for any query and also Share this information with your class-fellows and friends.
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