Question

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

Answer 1

Answer:

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Answer 2

Answer:

Rs. 1562

Step-by-step explanation:

Zakat is paid at a rate of 2.5% per year so,

Zakat = 2.5% of 62480

Zakat = (2.5 ÷ 100) * 62480

Zakat = 0.025 * 62480

Zakat = Rs. 1562

Therefore, Nosheen will have to pay Zakat of Rs. 1562.