Q. What amount of zakat will be paid by Sharif-ud-Din on Rs. 19,500. If the rate of zakat is 2`\frac {1}{2}`%. (Ans. Rs. 487.50)
Given:
Total Amount = Rs. 19,500
Rate of Zakat = 2.5% (Fixed in Islam)
To Find:
Amount of Zakat = ?
Solution:
Amount of Zakat = 2.5% of Rs. 19,500
Amount of Zakat = `{\frac{2.5}{100}}\times Rs. 19,500`
Amount of Zakat = Rs. 487.50
Thus, the Amount of Rs. 487.50 Sharif-ud-Din will pay as Zakat
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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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