Explanation

In Islam, Zakat is usually 2.5% of the wealth if it has been held for one lunar year and meets the nisab.

Given amount: Rs. 28560

Zakat = 2.5% of 28560  

= (2.5 / 100) × 28560  

= 0.025 × 28560  

= Rs. 714

Last verified on 24-08-2026

Explanation

Given:

• Dividend (D₀) = Rs. 4
• Market Price (P₀) = Rs. 100
• Growth rate (g) = 5%

Step 1: Calculate next year’s dividend

D₁ = D₀ × (1 + g)
= 4 × 1.05
= Rs. 4.20

Step 2: Use the Gordon Growth Model

Required Return:

Ke​=D1/P0​​​+g 

Ke​=4.20/100 ​+0.05

Ke​=0.042+0.05=0.092

Ke​=9.2%≈9%

Explanation

For an ordinary annuity:

PV=PMT×1−(1+r)−n/r​

PMT = Rs. 4,000

r = 8% = 0.08

n = 20 years

PV ≈ Rs. 39,727

Explanation

25 = 125% of x

To convert the percentage to a decimal, divide by 100:

25 = 1.25x

Now, divide both sides by 1.25 to solve for x:

x = 25 / 1.25

x = 20

Last verified on 23-08-2026

Explanation

Given:

• Profit = Rs. 120
• Profit = 20% of Selling Price (SP)

20% of SP=120
SP=120×100/20​=Rs.600

Now,

$$CP=SP-Profit$$

$$=600-120$$

$$=Rs.480$$