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Who much is 1 million?

1 million = 10,00,000 in the Indian place value system. Hence, 1 million is equivalent to 1000 thousands.

vedantu.com - 1 million is equivalent to which of the following: (a) 100 thousands(b ...
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Hint: First, find the difference between the Indian place value system and the international place value system. Then find the conversion rates from the Indian place value system to the international place value system. Write 1 million in numeric form and convert this to the Indian place value system to find the final answer.

Complete step-by-step answer:

In this question, we need to find the value of 1 million and find the number from the given options this value of 1 million is equivalent to. In this question, we have to keep in mind that the place value system that uses millions and billions, etc is the international place value system. We do not use this place value system. Instead, we use the place value system which involves the use of lacks and crores, etc which is the Indian place value system. So, because of this we need to find the conversion rates from international place value system to the Indian place value system. Let us first see the difference between the Indian place value system and the international place value system. A place value chart helps us to recognize large numbers. We read the place value chart from left to right. In Indian place value system we start grouping the number from right in group of 3 and further in group of 2. While, in the international place value system we group the number from right in groups of 3 only. Now, we know that 1 million = 1,000,000 in the international place value system.

1 million = 10,00,000 in the Indian place value system.

This is equivalent to 1,000 Thousands = 10 Lakhs = 1 Million

Hence, 1 million is equivalent to 1000 thousands.

So, option (b) is correct.

Note: In this question, it is very important to realise that the place value system that uses millions and billions, etc is the international place value system. We do not use this place value system. Instead, we use the place value system which involves the use of lacks and crores, etc which is the Indian place value system. In Indian place value system we start grouping the number from right in group of 3 and further in group of 2. While, in the international place value system we group the number from right in groups of 3 only.

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How much is 1 crore?

ten million A crore (/krɔːr/; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000).

en.wikipedia.org - Crore - Wikipedia

100 lakh in the Indian numbering system (10 million)

A crore ( ; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000).[1] It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English.

Money [ edit ]

Large amounts of money in Bangladesh, India, Nepal, and Pakistan are often written in terms of Koti or crore. For example (one hundred and fifty million) is written as "fifteen crore rupees", "15 crore" or "₹15 crore".[1] In the abbreviated form, usage such as "₹15 cr" (for "15 crore rupees") is common.[2] Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to:[citation needed]

One lakh crore rupees

₹ 1 lakh crore

1 lakh crore ₹ 10 5+7

10 ₹ 10 12

10 ₹ 10,00,00,00,00,000 in Indian notation

10,00,00,00,00,000 in Indian notation ₹ 1,000,000,000,000 in metric notation

The word crore derives from the Prakrit word kroḍi, which in turn comes from the Sanskrit koṭi (कोटि),[3] denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 100 up to 1019. The crore is known by various regional names.[4]

See also [ edit ]

References [ edit ]

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