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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 crore rupees" which is can be written as "3,00,00,000 rupees". There are names for numbers larger than crore, but they are less commonly used.
Paisa (also transliterated as pice, pesa, poysha, poisha and baisa) is a monetary unit in several countries.The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the paisa currently equals 1 ⁄ 100 of a rupee.
The Indian paisa (plural: paise) is a 1 ⁄ 100 (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. [1] In 1955, the Government of India first amended the Indian Coinage Act and adopted the "metric system for coinage".
From 1833 the rupee and tolā weight was fixed at 180 grains, i.e. 11.66382 grams. Hence the weight of 1 maund increased to 37.324224 kilogram. [3] Traditionally one maund represented the weight unit for goods which could be carried over some distance by porters or pack animals.
Hyphenate all numbers under 100 that need more than one word. For example, $73 is written as “seventy-three,” and the words for $43.50 are “Forty-three and 50/100.”
In the abbreviated form, usage such as "₹ 5L" or "₹ 5 lac" (for "5 lakh rupees") is common. [4] In this system of numeration, 100 lakh is called one crore [ 3 ] and is equal to 10 million. Formal written publications in English in India tend to use lakh/ crore for Indian currency and Western numbering for foreign currencies, such as dollars ...
The word crore derives from the Prakrit word kroḍi, which in turn comes from the Sanskrit koṭi (कोटि), [2] denoting ten million in the Indian number system, which has separate terms for most powers of ten from 10 0 up to 10 19. The crore is known by various regional names.
The rupee sign "₨" is a currency sign used to represent the monetary unit of account in Pakistan, Sri Lanka, Nepal, Mauritius, Seychelles, and formerly in India.It resembles, and is often written as, the Latin character sequence "Rs", of which (as a single character) it is an orthographic ligature.