Correct Answer:
C. 34,000
Explanation:
Zakat is usually calculated as 2.5% (1/40) of the total wealth.
Let the total amount before deduction be X.
Given Zakat deducted = Rs. 8,500
So:
2.5% of X = 8,500
Convert percentage into fraction:
2.5% = 2.5/100 = 1/40
So:
X / 40 = 8,500
Multiply both sides by 40:
X = 8,500 × 40
X = 340,000
Final Answer: Rs. 340,000