To Find Amount of Zakat payable on a given amount (WP-12: Zakat)

Q. Calculate amount of zakat payable on Rs. 60,850 (Ans. Rs. 1271.25)


Given:

Total Amount = Rs. 60,850

Rate of Zakat = 2.5% (Fixed in Islam)


To Find:

Amount of Zakat = ?



Solution:

Amount of Zakat = 2.5% of Rs. 60,850

Amount of Zakat = `{\frac{2.5}{100}}\times Rs. 60,850`

Amount of Zakat = Rs. 1271.25 

Thus, the Amount of zakat Rs.1271.25 is payable on amount of Rs. 60,850.


Similar Questions:

An amount of Rs.62,480 remained with Nosheen for a complete year. How much Zakat will she pay?

Find the amount of zakat payable on Rs. 7500 at the rate if 2`\frac {1}{2}`%. (Ans. 187.50)



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