What is 1M in money?

1 million (M) = 1000, 000. 1 million = 10, 00000 = 10 lakhs. 1000,000 is the succeeding number to 999,999 and the preceding number to 1000,001, such that; 999999+1 = 1000000. 1000001 – 1 = 1000000.

byjus.com - 1 Million Means | One millions in Rupees, Lakhs and Crore - Byju's

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1 Million Means

1 million means one thousand thousand, in maths. The meaning of the word “million” is familiar to both small scale and long scale numbering systems, unlike the larger numbers, which have different names in the two types of systems. One million (i.e., 1,000,000) one thousand thousand. This is the natural number (or counting number) followed by 999,999 and preceded by 1,000,001. The word “million” is derived from the early Italian million (milione in modern Italian), from mille, “thousand”, plus the augmentative suffix -one. It is abbreviated as m.

1 Million Means How Many Lakhs

In the numeral system, the terms rupees, lakhs, and millions are often used to easily and understandably write a large amount. The place value of digits may be treated in different ways in Indian and International numeral systems (more specifically in the US). In the Indian numbering system, place values of digits in the number go in Ones, Tens, Hundreds, Thousands, Ten Thousand, Lakhs, Ten Lakhs, Crores, and so on. However, in the International numbering system, the place values of digits of the number go in the order of Ones, Tens, Hundreds, Thousands, Ten Thousand Hundred Thousand, Millions, Billions and so on. Hence, in the conversion of the amount from millions to rupees, 1 million can be written as given below:

i.e. 1 Million = 10 Lakhs

Millions Lakhs 1 10 (= 1000000) 2 20 (= 2000000) 5 50 (= 5000000) 10 100 (= 10000000) 20 200 (= 20000000) 50 500 (= 50000000)

1 Million Equals

One million equals one thousand thousand or ten lakhs. Numerically, it is represented as:

1 million (M) = 1000, 000

1 million = 10, 00000 = 10 lakhs

1000,000 is the succeeding number to 999,999 and the preceding number to 1000,001, such that;

999999+1 = 1000000

1000001 – 1 = 1000000

The scientific notation of 1000,000 is given by:

1000,000 = 1 x 106

1 Million Means In Rupees

MIllion is the term used to represent large numbers in the International numeral system. We can represent millions using some conversions to represent in the Indian numeral system. To convert millions to rupees, we should take one million as ten lakhs in Indian rupees and one lakhs has six zeros. Let us see the value of millions in rupees given in the below table: Millions Rupees 1 1000000 2 2000000 10 10000000 50 50000000 60 60000000 70 70000000 100 100000000 1000 1000000000

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1 Million Means How Much

How much is 1 million in Indian rupees? The answer to this question can be written in different ways. As we know, in the Indian currency system, the amount of money is read as rupee, ten, hundred, thousand and so on. Million is the term used to describe large amounts of money in the International currency system (like counties of the US). However, the value of 1 million can be expressed as:

1 Million = 1000000 rupees

1 Million = 10 lakhs

1 Million = 0.1 crore

1 Million In Crore

The representation of currency from millions to crores involves the conversion from the International to Indian numeral system. However, the place value of digits varies from the Indian numbering system to the International numbering system. Thus, the expression of numbers from million to crores is given as:

1 Million = 0.1 crore

10 Millions = 1 crore

20 Millions = 2 crores

100 Millions = 10 crores

Thus, one million is equivalent to one-tenth (1/10th) of a crore.

Conversion from Indian to International numeral system

The below table shows the conversion of currency numbers from the Indian numeral system to the International numeral system for different values such as ten, hundred, thousand, lakhs, etc. Indian Numeral System International Numeral System Ten 10 Ten 10 Hundred 100 Hundred 100 Thousand 1000 Thousand 1000 Lakh 1,00,000 Hundred thousand 100,000 Ten lakhs 10,00,000 One million 1,000,000 Crore 1,00,00,000 Ten million 10,000,000

Solved Examples

Example 1: Express 18 million in lakhs.

Solution:

We know that 1 Million = 10 lakhs

18 million = 18 × 10 lakhs

18 millions = 180 lakhs

Also, check Million to Lakhs Calculator here.

Example 2: Write the value of 25 million in crores.

Solution:

We know that 1 Million = 0.1 crore

25 millions = 25 × 0.1 crore

25 millions = 2.5 crores

Get Million to Crore Calculator here for quick conversions.

Practice Problems

The below practice questions help in understanding how to convert the currency values from millions to the Indian numeral system. How many lakhs is equivalent to 9 million? Convert 47 million to crores. Express 15 million in Rupees.

byjus.com - 1 Million Means | One millions in Rupees, Lakhs and Crore - Byju's

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