One lakh: What Are Lakhs and Crores

What Are Lakhs and Crores? This unique comma placement corresponds directly to the two core units of the Indian numbering system. Lakh (or Lac): The two digits before the first comma (from the left) represent Lakhs . A Lakh is a unit equal to one hundred thousand (100,000). For example, a car costing ₹8 Lakh means its price is ₹8,00,000 (or 800,000 rupees). Crore: The digits before the second comma (from the left) represent Crores. A Crore is a unit equal to ten million (10,000,000). It ... Discover the English equivalent of " 1 lakh " and learn how large numbers are expressed in Western numbering systems. Clear, simple explanation for easy understanding. The Indian numbering system is used in India, Pakistan, Nepal, Sri Lanka, and Bangladesh to express large numbers, which differs from the International System of Units. Commonly used quantities include lakh ( one hundred thousand, 10 5) and crore (ten million, 10 7) – written as 1 ,00,000 and 1 ,00,00,000 respectively in some locales. [ 1 ] For example: 150,000 rupees is " 1 .5 lakh rupees" which can be written as " 1 ,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 ... 1 10 100 1,000 10,000 1 ,00,000 10,00,000 1 ,00,00,000 10,00,00,000 One Ten Hundred Thousand Ten Thousand One Lakh Ten Lakh One Crore Ten Crore Lakh has 5 zeroes. Crore has 7 zeroes.