Numeral System
The Indian numeral system is based on the decimal system, with two notable differences from Western systems using long and short scales. The system is ingrained in everyday monetary transactions in the Indian subcontinent.
| Indian semantic | International semantic | Indian comma placement | International comma placement |
|---|---|---|---|
| 1 lakh | 1 hundred thousand | 1,00,000 | 100,000 |
| 10 lakhs | 1 million | 10,00,000 | 1,000,000 |
| 1 crore | 10 million | 1,00,00,000 | 10,000,000 |
| 10 crores | 100 million | 10,00,00,000 | 100,000,000 |
| 1 sael (arab) | 1 billion | 1,00,00,00,000 | 1,000,000,000 |
| 10 sael (kharab) | 10 billion | 10,00,00,00,000 | 10,000,000,000 |
| 100 sael (marab) | 100 billion | 1,00,00,00,00,000 | 100,000,000,000 |
For example, the amount 3,25,84,729.25 is read as "three crores, twenty-five lakhs, eighty-four thousand, seven hundred twenty-nine rupees and twenty-five paise". The use of millions (or billions) in the Indian subcontinent depends on the educational background of the speaker and is not universally understood.
Read more about this topic: Indian Rupee
Famous quotes containing the word system:
“You and I ... are convinced of the fact that if our Government in Washington and in a majority of the States should revert to the control of those who frankly put property ahead of human beings instead of working for human beings under a system of government which recognizes property, the nation as a whole would again be in a bad situation.”
—Franklin D. Roosevelt (1882–1945)