1 Crore is Equal to How Many Lakhs?
In the Indian numbering system, crore and lakh are two important units of measurement. While both are used to express large numbers, they have different values. In this article, we will explore the relationship between crore and lakh, and answer the question: 1 crore is equal to how many lakhs?
Understanding Lakh and Crore
Before we dive into the conversion, let's understand the definition of lakh and crore:
- Lakh: A lakh is a unit of measurement in the Indian numbering system, equal to 100,000 (one hundred thousand).
- Crore: A crore is another unit of measurement, equal to 10,000,000 (ten million).
Converting Crore to Lakh
Now, let's convert 1 crore to lakh:
1 crore = 10,000,000 1 lakh = 100,000
To convert 1 crore to lakh, we can divide 10,000,000 by 100,000:
10,000,000 ÷ 100,000 = 100
Therefore, 1 crore is equal to 100 lakhs.
Real-World Example
To put this conversion into perspective, let's consider a real-world example:
Suppose you have a savings account with a balance of 1 crore rupees. How many lakhs is that equivalent to?
Using our conversion factor, we can calculate:
1 crore = 100 lakhs 1 crore rupees = 100 lakh rupees
So, your savings account balance of 1 crore rupees is equivalent to 100 lakh rupees.
Conclusion
In conclusion, 1 crore is equal to 100 lakhs. This conversion is essential in the Indian numbering system, where large numbers are commonly expressed in lakhs and crores. By understanding the relationship between these two units, you can easily convert between them and make sense of large numbers in various contexts.
