1 lakh has 5 zeros and is written as 1,00,000. In the international number system, 1 lakh equals one hundred thousand (100,000). The Indian number system uses lakhs and crores instead of millions and billions.
1 lakh = 1,00,000 (has 5 zeros)
1 lakh = 1,00,000 = one hundred thousand
10 lakhs = 1 million
100 lakhs = 1 crore
1 crore = 1,00,00,000 (has 7 zeros)
Indian system uses lakhs and crores; international system uses millions and billions
1 lakh = 0.1 million = 0.01 crore
The word lakh comes from Sanskrit 'laksha'
1 lakh = 1,00,000 Zeros in 1 lakh = 5 zeros (the digit 1 followed by five zeros)
In words: One Lakh In international system: One Hundred Thousand
1 lakh = 100 thousand = 100,000
Indian Place Values:
Comparison with International: 1 lakh = 0.1 million 10 lakhs = 1 million 1 crore = 10 million 100 crore = 1 billion
1 thousand = 1,000 → 3 zeros 1 lakh = 1,00,000 → 5 zeros 10 lakh = 10,00,000 → 6 zeros 1 crore = 1,00,00,000 → 7 zeros 10 crore = 10,00,00,000 → 8 zeros 1 arab = 1,00,00,00,000 → 9 zeros
Quick Rule: Number of zeros = number of places after the leading digit.
1 lakh = 1,00,000 1 lakh = 100 thousands 1 lakh = 10 ten-thousands 1 lakh = 0.1 million 1 lakh = 0.01 crore
Examples: 5 lakh = 5,00,000 = 500,000 10 lakh = 10,00,000 = 1,000,000 = 1 million 50 lakh = 50,00,000 = 5,000,000 = 5 million 100 lakh = 1,00,00,000 = 1 crore
1 lakh (1,00,000) has 5 zeros. It is written as 1 followed by five zeros.
1 lakh = 1,00,000 = one hundred thousand (100,000) in the international number system.
100 lakhs = 1 crore. Since 1 lakh = 1,00,000 and 1 crore = 1,00,00,000, dividing: 1,00,00,000 ÷ 1,00,000 = 100.
5 lakh = 5,00,000 (five lakh = five hundred thousand in the international system).
1 crore = 1,00,00,000 has 7 zeros. It equals 10 million in the international system.
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