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:
“All who wish to hand down to their children that happy republican system bequeathed to them by their revolutionary fathers, must now take their stand against this consolidating, corrupting money power, and put it down, or their children will become hewers of wood and drawers of water to this aristocratic ragocracy.”
—Andrew Jackson (1767–1845)