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In Telugu, a lakh is called లక్ష lakṣha and a crore is called కోటి kōṭi. In Urdu, a lakh is called لاکھ lākh and a crore is called کروڑ karoṛ. A billion is called arab (ارب), and one hundred billion/arab is called a kharab (کھرب). Lakh has entered the Swahili language as "laki" and is in common use.
A comparison of Sanskrit and Eastern Arabic numerals Devanagari digits shapes may vary depending on geographical area or epoch. Some of the variants are also seen in older Sanskrit literature.
Crore (/ k r ɔːr /; abbreviated cr) denotes the quantity ten million (10 7) and is equal to 100 lakh in the Indian numbering system.In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000.
Lakh and crore are common enough to have entered Indian English. For number 0, Modern Standard Hindi is more inclined towards śūnya (a Sanskrit tatsama) and Standard Urdu is more inclined towards sifr (borrowed from Arabic), while the native tadbhava-form is sunnā in Hindustani.
In modern India, the terms lakh for 10 5 and crore for 10 7 are in common use. Both are vernacular (Hindustani) forms derived from a list of names for powers of ten in Yājñavalkya Smṛti, where 10 5 and 10 7 named lakṣa and koṭi, respectively.
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 ...
From May 2008 to August 2012, if you bought shares in companies when W.R. Rhodes joined the board, and sold them when he left, you would have a -37.6 percent return on your investment, compared to a -2.4 percent return from the S&P 500.
Āryabhaṭa numeration is an alphasyllabic numeral system based on Sanskrit phonemes.It was introduced in the early 6th century in India by Āryabhaṭa, in the first chapter titled Gītika Padam of his Aryabhatiya.