Question

A person holds an amount of RS 500000 for the hole year. Is he sahib-e-nisab? if yes find the amount of zakat he has to pay.
the amount of zakat is
annual saving*2.5%
and the answer in book is 96000​​

Answer 1

Answer:

Total amount = 500000

So,

Step-by-step explanation:

The amount of zakat is 2.5% of it's zakat.

2.5/100*500000=12500

So the amount should he pay 12500