Indian Rupee - Numeral System

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:

    The moral immune system of this country has been weakened and attacked, and the AIDS virus is the perfect metaphor for it. The malignant neglect of the last twelve years has led to breakdown of our country’s immune system, environmentally, culturally, politically, spiritually and physically.
    Barbra Streisand (b. 1942)