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Answer: 1 Crore
In the Indian numbering system, large numbers are expressed in terms like lakhs and crores, whereas the international system uses millions and billions. Understanding these conversions is important for financial transactions, business dealings, and everyday use.
One hundred lakhs is equal to 1 crore.
Breaking It Down
To understand this conversion, let’s look at the basic calculations:
- 1 lakh = 100,000
- 100 lakhs = 100 × 100,000 = 10,000,000
- 10,000,000 = 1 crore
So, 100 lakhs = 1 crore in the Indian numbering system.
Comparison with the International System
In the international system:
- 1 million = 10 lakhs
- 10 million = 1 crore
Thus, 1 crore = 10 million in the international system.
Comparison of Indian and International Numbering Systems
The Indian and international numbering systems differ in the way they group and name large numbers. While India uses terms like lakhs and crores, the international system follows thousands, millions, and billions. Understanding these differences is crucial for financial transactions, global trade, and academic purposes.
| Indian System | International System |
| 1 Lakh = 100,000 | 100 Thousand = 100,000 |
| 10 Lakhs = 1 Million | 1 Million = 1,000,000 |
| 1 Crore = 10 Million | 10 Million = 10,000,000 |
Real-Life Applications
Understanding this conversion is useful in various fields, such as:
- Banking & Finance – Transactions and reports often use crores in India and millions internationally.
- Real Estate – Property prices in India are mentioned in crores, while international buyers may refer to millions.
- Stock Market – Indian stock exchanges use crores, whereas global markets use millions and billions.
Examples in Everyday Life
- If someone wins 100 lakhs in a lottery, they receive 1 crore.
- If a business generates 100 lakh INR in revenue, it means they earned 1 crore INR.
One hundred lakhs is equal to 1 crore in the Indian system and 10 million in the international system. Understanding this helps in finance, business, and global communication.
Common Doubts
