Neco 2022 Islamic Religious Studies Question 42
Practice objective / multiple choice question 42 from the 2022 Neco Islamic Religious Studies examination.
A Muslim merchant possesses the following assets at the end of the lunar year: cash of N500,000; 12\,mithqal of gold (one mithqal = 4.25\,g, nisab for gold = 85\,g); 250\,kg of wheat (nisab for wheat = 653\,kg); and 30 goats (nisab for goats = 30 goats, zakat rate = 1 goat). Zakat is due at 2.5\% on cash and on assets that meet the nisab. Assuming each goat is valued at N5,000, calculate the total zakat the merchant must pay, expressed in Naira.
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About This Question
This is Neco 2022 Islamic Religious Studies Question 42. It is one of the objective questions from the 2022 Neco Islamic Religious Studies examination.
Difficulty level: Medium .
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