Cryptocurrency Q&A
How much is 1 lakh?
How much is 1 lakh?
Chloe_emma_researcher
Sun Nov 17 2024
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6 answers
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I came across a term '1 lakh' in some financial documents and I'm not sure how to interpret it. I know it's a number used in some parts of the world, but I need to understand its equivalent in a more common numerical system.
6 answers
SejongWisdomKeeperElite
Tue Nov 19 2024
One of these terms is "lakh," which refers to 1,00,000 or one hundred thousand.
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Luca
Tue Nov 19 2024
Within Pakistan, this number is written as 100,000, while outside the Indian subcontinent, the same number is written in the international format.
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DigitalLegendGuard
Tue Nov 19 2024
Another commonly used term is "crore," which is equivalent to 1,00,00,000 or ten million.
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alexander_smith_musician
Tue Nov 19 2024
In Indian English, there are specific terms used to express large numbers.
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GangnamGlitzGlamour
Tue Nov 19 2024
Outside the Indian subcontinent, this number is written as 10,000,000, following the international numbering system.
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