To Find Total Wealth when Amount of Zakat and its Rate are Known (WP-2: Zakat)

Q. Find the wealth of Ibrahim if he paid Rs. 7,500 as Zakat. (Ans. Rs. 300,000)


Given:

Amount of Zakat = Rs. 7,500
Rate of Zakat = 2.5%


To Find:

Ibrahim's Wealth = ?



Solution:

By Using Unitary Method

2.5% zakat of Ibrahim's wealth =  Rs.7,500 

1% zakat of Ibrahim's wealth =  `\frac{Rs. 7500}{2.5}`

100% zakat of Ibrahim's wealth `{\frac{Rs. 7500}{2.5}}\times100`

100% zakat of Ibrahim's wealth = Rs. 300,000 

Thus, Ibrahim's wealth is Rs. 300,000 


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