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:
“For the universe has three children, born at one time, which reappear, under different names, in every system of thought, whether they be called cause, operation, and effect; or, more poetically, Jove, Pluto, Neptune; or, theologically, the Father, the Spirit, and the Son; but which we will call here, the Knower, the Doer, and the Sayer. These stand respectively for the love of truth, for the love of good, and for the love of beauty.”
—Ralph Waldo Emerson (18031882)