1 Million Means | One millions in Rupees, Lakhs and Crore (2024)

1 million means one thousand thousand, in maths. The meaning of the word “million” is familiar to both small scale and long scale numbering systems, unlike the larger numbers, which have different names in the two types of systems. One million (i.e., 1,000,000) one thousand thousand. This is the natural number (or counting number) followed by 999,999 and preceded by 1,000,001.

The word “million” is derived from the early Italian million (milione in modern Italian), from mille, “thousand”, plus the augmentative suffix -one. It is abbreviated asm.

Table of Contents:
  • 1 Million in Lakhs
  • 1 Million Equals
  • 1 Million in Rupees
  • 1 Million means how much
  • 1 Million in Crore
  • Conversion
  • Solved Examples
  • Practice Problems
  • FAQs

1 Million Means How Many Lakhs

In the numeral system, the terms rupees, lakhs, and millions are often used to easily and understandably write a large amount. The place value of digits may be treated in different ways in Indian and International numeral systems (more specifically in the US).

In the Indian numbering system, place values of digits in the number go in Ones, Tens, Hundreds, Thousands, Ten Thousand, Lakhs, Ten Lakhs, Crores, and so on. However, in the International numbering system, the place values of digits of the number go in the order of Ones, Tens, Hundreds, Thousands, Ten Thousand Hundred Thousand, Millions, Billions and so on.

Hence, in the conversion of the amount from millions to rupees, 1 million can be written as given below:

i.e. 1 Million = 10 Lakhs

MillionsLakhs
110 (= 1000000)
220 (= 2000000)
550 (= 5000000)
10100 (= 10000000)
20200 (= 20000000)
50500 (= 50000000)

1 Million Equals

One million equals one thousand thousand or ten lakhs. Numerically, it is represented as:

1 million (M) = 1000, 000

1 million = 10, 00000 = 10 lakhs

1000,000 is the succeeding number to 999,999 and the preceding number to 1000,001, such that;

999999+1 = 1000000

1000001 – 1 = 1000000

The scientific notation of 1000,000 is given by:

1000,000 = 1 x 106

1 Million Means In Rupees

MIllion is the term used to represent large numbers in the International numeral system. We can represent millions using some conversions to represent in the Indian numeral system. To convert millions to rupees, we should take one million as ten lakhs in Indian rupees and one lakhs has six zeros. Let us see the value of millions in rupees given in the below table:

MillionsRupees
11000000
22000000
1010000000
5050000000
6060000000
7070000000
100100000000
10001000000000

1 Million Means How Much

How much is 1 million in Indian rupees? The answer to this question can be written in different ways. As we know, in the Indian currency system, the amount of money is read as rupee, ten, hundred, thousand and so on. Million is the term used to describe large amounts of money in the International currency system (like counties of the US). However, the value of 1 million can be expressed as:

1 Million = 1000000 rupees

1 Million = 10 lakhs

1 Million = 0.1 crore

Read more:
  • 1 billion in rupees
  • Million to Rupees Calculator
  • Place Value Calculator

1 Million In Crore

The representation of currency from millions to crores involves the conversion from the International to Indian numeral system. However, the place value of digits varies from the Indian numbering system to the International numbering system. Thus, the expression of numbers from million to crores is given as:

1 Million = 0.1 crore

10 Millions = 1 crore

20 Millions = 2 crores

100 Millions = 10 crores

Thus, one million is equivalent to one-tenth (1/10th) of a crore.

Conversion from Indian to International numeral system

The below table shows the conversion of currency numbers from the Indian numeral system to the International numeral system for different values such as ten, hundred, thousand, lakhs, etc.

Indian Numeral SystemInternational Numeral System
Ten10Ten10
Hundred100Hundred100
Thousand1000Thousand1000
Lakh1,00,000Hundred thousand100,000
Ten lakhs10,00,000One million1,000,000
Crore1,00,00,000Ten million10,000,000

Solved Examples

Example 1: Express 18 million in lakhs.

Solution:

We know that 1 Million = 10 lakhs

18 million = 18 × 10 lakhs

18 millions = 180 lakhs

Also, check Million to Lakhs Calculator here.

Example 2: Write the value of 25 million in crores.

Solution:

We know that 1 Million = 0.1 crore

25 millions = 25 × 0.1 crore

25 millions = 2.5 crores

Get Million to Crore Calculator here for quick conversions.

Practice Problems

The below practice questions help in understanding how to convert the currency values from millions to the Indian numeral system.

  1. How many lakhs is equivalent to 9 million?
  2. Convert 47 million to crores.
  3. Express 15 million in Rupees.

Frequently Asked Questions on One Million

Q1

What is the value of 1 million?

The value of 1 million is 10 lakhs in Indian rupees or one thousand thousand. One million is abbreviated as m (i.e., million). For example, 2 million can be written as 2 m.

Q2

What do you mean by 1 billion?

One billion is equivalent to 100 crores in Indian rupees. 1 billion in terms of millions can be expressed as thousand million, i.e. 1000 million.

Q3

How many millions is 1 billion?

One thousand million is equivalent to 1 billion. Also, one million is one-thousandth of a billion. We can also say that ten thousand lakhs equals 1 billion.

Q4

How many zeros does 1 million have?

As we know, 1 million equals 10 lakhs and 1 lakh has five zeroes. That means, 10 lakhs has 6 zeros. Therefore, 1 million will have six zeros, i.e. 10,00,000.

Q5

How many millions make a crore?

In the Indian numeral system, one crore is 100 lakhs. We know that one million is 10 lakhs; therefore, 10 million make a crore.

1 Million Means | One millions in Rupees, Lakhs and Crore (2024)

FAQs

1 Million Means | One millions in Rupees, Lakhs and Crore? ›

1 Million is equivalent to 10 Lakhs (10, 00, 000). 1 million in the Indian and International number systems includes the number one, followed by six zeros. In the Indian numerical system

Indian numerical system
Instead of grouping digits by threes as in the international system, the Indian numbering system groups the rightmost three digits together (until the hundreds place), and thereafter groups by sets of two digits. One trillion would thus be written as 10,00,00,00,00,000 or 10 kharab (or one lakh crore).
https://en.wikipedia.org › wiki › Indian_numbering_system
, the place values of digits in the number go like Ones, Tens, Hundreds, Thousands, Ten Thousand, Lakhs, Ten Lakhs, Crores, and so on.

How much is 1 million in lakh or crore? ›

Ans: One million is equal to 10 lakhs.

What does 1 million mean in Indian system? ›

10 Lakhs

How much is 1 million in crores? ›

0.1 Crore

Does 1 million mean 10 lakhs? ›

As we know, one million is equal to 10 lakhs, then one lakh is equal to 0.1 million. For example, 5 lakhs to million is equal to: 5 x 0.1 = 0.5 Million.

How many lakhs is 1 crore? ›

1 crore = 100 Lakhs

Was this answer helpful?

What is 1 million in lakhs? ›

1 million is equal to 10 lakhs.

How many million is equal to Indian rupees? ›

Million to Rupees conversion - formula derivation

Notice that the place value of “Million” and “Ten Lakhs” is the same, therefore we can conclude that 1 million =10 lakh rupees =1000000 rupees - this is the required formula.

How many rupees is 1 lakh? ›

A lakh (/læk, lɑːk/; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000.

What is 900k in Indian system? ›

We can write 900000 in words as Nine hundred thousand in the International number system and as Nine lakh in the Indian number system.

How many US dollars is one crore? ›

Answer: 1 Crore Indian Rupees is equivalent to approximately 120,382 US Dollars. This conversion is based on the current exchange rate, where 1 Indian Rupee equals 0.0120382 US Dollars.

Is 1 crore a big amount in India? ›

In the Indian numbering system, 100 lakhs = 1 crore, 100 crore = 1 billion. In India, Pakistan, Bangladesh, and Nepal, 1 crore is a very big amount. Firstly crore was used in Sri Lanka, but now a day, it is replaced by millions, billions, and trillions. 1 trillion is equal to 100lakh crore.

What is an Indian crore? ›

A crore is a unit of measurement commonly used in India, Bangladesh, Nepal, and Pakistan to represent 10 million. To put this number in perspective, one crore is equivalent to 100 lakhs or 1,00,00,000.

What is a million rupees called? ›

Conversion from Indian to International Numeral System
Indian Numeral SystemInternational Numeral System
Ten10Ten
Lakh1,00,000Hundred thousand
Ten lakhs10,00,000One million
Crore1,00,00,000Ten million
2 more rows
Jul 31, 2023

Is 10 lakhs a good salary in India? ›

So basically if you earn over 10 Lakh in salary every year, you're already in the top 0.29% of India's population! And if you earn over 2.5 Lakhs a year, you're in the top 1.73% of the country's population.

How to write 1 million in Indian system? ›

1 million is equivalent to 10 lakhs in Indian Rupees. 1 million has six zeroes. It is represented as 10,00,000 in numerical terms. 1 million is followed by 1,000,001 and preceded by 999,999.

How much is a crore? ›

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).

How much is a lakh? ›

A lakh (/læk, lɑːk/; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000.

How many US dollars is 10 lakhs? ›

Answer: 10 lakhs in US Currency would be equivalent to approximately $13,333 USD. Multiplying 10 lakhs (1,000,000) by the exchange rate (1 USD = 75 INR) results in 13,333.33 USD.

What is 200 lakhs mean? ›

200 lakhs is equivalent to 2 crores. In standard Indian numbering system, 1 crore is equal to 10 million. Therefore, 2 crores is equal to 20 million.

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