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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 can be written as "3,00,00,000 rupees". There are names for numbers larger than crore, but they are less commonly used.
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.
A lakh (/ l æ k, l ɑː k /; abbreviated L; sometimes written lac [1]) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 10 5). [1] [2] In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. [3]
The Indian numbering system uses the named numbers common between the long and short scales up to ten thousand. For larger values, it includes named numbers at each multiple of 100; including lakh (10 5) and crore (10 7). [1] English also has words, such as zillion, that are used informally to mean large but unspecified amounts.
The use of thin spaces as separators, [30]: 133 not dots or commas (for example: 20 000 and 1 000 000 for "twenty thousand" and "one million"), has been official policy of the International Bureau of Weights and Measures since 1948 (and reaffirmed in 2003) stating "neither dots nor commas are ever inserted in the spaces between groups", [26]
10,000,000 (ten million) is the natural number following 9,999,999 and preceding 10,000,001. In scientific notation , it is written as 10 7 . In South Asia except for Sri Lanka , it is known as the crore .
The root mil in million does not refer to the numeral, 1. The word, million, derives from the Old French, milion, from the earlier Old Italian, milione, an intensification of the Latin word, mille, a thousand. That is, a million is a big thousand, much as a great gross is a dozen gross or 12 × 144 = 1728. [7]
the long scale — designates a system of numeric names formerly used in British English, but now obsolete, in which a billion is used for a million million (and similarly, with trillion, quadrillion etc., the prefix denoting the power of a million); and a thousand million is sometimes called a milliard. This system is still used in several ...