The Zakat payable on 10 million dollars is

  • A $250,000
  • B $50,000
  • C $150,000
  • D $200,000
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The correct answer is A. $250,000

The zakat payable on 10 million dollars is $250,000. The amount of zakat paid on capital assets (e.g. money) and stock-in-trade and jewelry is customarily 2.5% (1/40)

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