One lakh: How much is 1 lakh

How much is 1 lakh in rupees? Till 10,000 they both are same, but after that it changes. As per the Indian numbering system, one lakh is a unit which is equal to 100,000 ( one hundred thousand) in the international unit system. 10 lakh in Indian currency makes a million in International currency. The Indian numbering system is used in India, Pakistan, Nepal, Sri Lanka, and Bangladesh to express large numbers, which differs from the International System of Units. Commonly used quantities include lakh ( one hundred thousand, 10 5) and crore (ten million, 10 7) – written as 1 ,00,000 and 1 ,00,00,000 respectively in some locales. [ 1 ] For example: 150,000 rupees is " 1 .5 lakh rupees" which can be written as " 1 ,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 ... What is The Indian Numbering system, How does it differ from International Numbering? How does Lakh , Crores compare with Millions and Billions? A lakh is a unit in the Indian numbering system equal to one hundred thousand. The abbreviation for Lakh is "L" or "lac". It is often used in India, Bangladesh, Pakistan, and Sri Lanka. Compare values between unit Lakh with other Number calculation units.