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One million is nothing but 1000 thousand. It is the way the International number system recognises one million. According to the Indian number system, it is the same as Ten lakhs.
So the answer to the question, how many rupees in 1 million is ten lakhs.
One million equals 1000000
i. e., 1 million equals Ten Lacs
i. e., 10 million equals to 1 crore
i. e., and 100 million equals Ten Crores.
Both one million and ten lakhs have the same number of zeros, that is, six zeros. This shows that the value of 1 million in rupees is ten lakhs or 1 crore.
Digits place | Millions | Hundred thousand | Ten thousand | Thousand | Hundreds | Tens | Ones |
Digits | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Digits place | Tens lakhs | Lakhs | Ten thousand | Thousand | Hundreds | Tens | Ones |
Digits | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
1 million is expanded in the following manner:
\begin{array}{l}
1\times{thousand}\times \text { thousand}\
= 1\times 1000 \times \times 1000 \
=1,000,000\: million
\ end{array}
Ten lakhs is expanded in the following way:
\begin{array}{l}
1\times \text {ten lakhs }+0 \times \text {lakhs}+0 \times \text {ten thousand}+0 \times \text {thousand}+0\times \text { hundred }+0 \times \text {tens }+0 \times \text {ones } \
= 1\times 1000000+0 \times 100000 +0 \times 10000 +0 \times 1000+0 \times 100+0 \times 10+0 \times 1 \
=10,00,000\: lakhs
\end{array}
Let us say that a factory has one million worth toys and wants to sell their product all over the world. As the buyer from India wants to know how much 1 million is, he needs to know conversions from the International number system to the Indian number system to know that one million is nothing but ten lakhs in rupees.
International number system | Indian rupee value |
1 million | 10 lakhs |
10 million | 1 crore |
100 million | 10 crores |
1000 million | 100 crores |
10 lakhs or 0.1 crores.
Yes, 1,000,000 is a composite number
345 million is written as 34,50,00,000 or 34.5 crores.
34.5 crores or 34,50,00,000 can be expanded as:
\begin{array}{l}
3\times \text {ten crores }+4\times \text {crores}+5 \times \text {ten lakhs}+ 0\times \text {lakhs}+0 \times \text {ten thousand}+0 \times \text {thousand}+0\times \text { hundred }+0 \times \text {tens }+0 \times \text {ones } \
= 3\times 100000000+4\times 10000000+5 \times 1000000 +0 \times 100000 +0 \times 10000+0 \times 1000+0 \times 100+0 \times 10+0 \times 1 \
=34,50,00,000\: crores
\end{array}
10 million is expressed as 10,000,000, and if we count the zeros, we find that it has seven zeros.
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