What is the difference between million and lakhs




















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Troubled by sleeplessness? Know the treatment from Swami Ramdev. Remedies and Yoga asnas to keep yourself healthy. When we use the Indian numeral system, we count with ones, tens, hundreds, thousands, ten thousand, lakhs, ten lakhs, and crores.

The following table depicts the different periods and places according to the number of digits in a number. According to the Indian numeral system, separators comma are used after every period while representing a number in its standard numeral form. For example, the number can be better represented as 38,47,56, in the standard Indian numeral system form using separators after every period.

The number names in the Indian numeral system depend upon the nomenclature for different place values of digits in the number. While writing number names of the numerals in the Indian system, we should consider the following points:.

For example, the number name for 38,47,56, is written as thirty-eight crore, forty-seven lakh fifty-six thousand, one hundred and eighty-two. The following figure shows how to write the number name for 38,47,56,, with the help of the Indian place value chart.

We read the number according to the place values of all the digits given here. The main difference between the Indian and International numeration systems is the placement of the separators commas and the nomenclature of different place values. The International numeral system is used worldwide. When we count in terms of ones, hundreds, thousands, ten thousand, hundred thousand, millions, and billions, we are referring to the International numeral system.

The following table depicts different places and periods according to the number of digits in a number. The following table highlights the differences between the Indian and the International numeral system. For example: Rewrite the number in the International numeral system and the Indian numeral system, using commas.

How will you read this number according to both the systems? In the International numeral system, we begin from the right side and insert commas after every three digits. We divide the number into periods and read the period separately. Standard International numeral form: 1,, Number Name: One million, three hundred forty-seven thousand, eight hundred twenty-three.

While ten million i. This can be better understood if we look at it from the perspective of prices of property, since that is where the problem generally arises: Take an example of a house that costs 2 crore and 55 lakh Pakistani Rupees PKR. Translated into English, this will be PKR Consider another plot that costs PKR 3,, Convert it into the English numeral system, it will be 3.

Finally, an apartment that costs PKR 5. Another helpful way to understand all this would be the placement of separators usually a comma. In the International numbering system, the separators are placed after every three digits from the right, and so the currency value changes after a thousand.

For example, a million is a thousand thousand; a billion is a thousand million, and a trillion is a thousand billion. In the Urdu numbering system, the separators occur after every two digits. So, a thousand is hazar ; a hundred hazar is a lakh ; a hundred lakh a crore ; and, a hundred crore is an arab. So, a million in Urdu is das lakh , a billion in Urdu is arab i. While we have given tables and examples above, Zameen. So, if you are looking to convert prices of property, Zameen.

But if you are searching for money-making tips on how to convert million into a crore then take a look at the options discussed below:. If you want to maximize profits and convert million into a crore, there are quite a few options to consider:. If you have invested in a property that has a renowned developer, boasts a prime location and shows promise in terms of ROIs, it is quite likely that the prices will see an upward trend.

In any case, we have already moved from annas and pice to the decimal system for currency, from the variously defined bigha to the standardised hectare, and made other similar adjustments.

One more adjustment should not therefore be too daunting an ask. Besides, many Indians would escape the constant mental gymnastics of converting millions and billions into lakhs and crores, and frequently committing errors.

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Sustaining journalism of this quality needs smart and thinking people like you to pay for it. Whether you live in India or overseas, you can do it here. Support Our Journalism. Indian Numeric System is certainly a simple and ordered system. Indian numbering system is a lot more sophisticated than international system.

I am still trying to look for an answer as to why Indian system is different from that of Americans and who made these. I feel it easy using the Indian numerical system. These trillion and billion stuff rather makes me feel like mental gymnastics. Mr Ninan must understand that well.



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