Almost every one of you would have heard about “Kaun Banega Crorepati,” and even have a dream of becoming one. Right? But how many of you are really acquainted with the zeroes contained in a Crore? A very few, I assume! Therefore, even before you delve into finding out how to convert Crores to Lakhs or 1 Crore in Lakhs, it’s crucial to know what Crores and Lakhs are.
You must know the relationship between the two and how they differ from each other. Hence, we have covered everything related to 1 Crore to Lakh conversion in this blog.
Let us begin with- what is Crore?
An Overview of Crore
A Crore is a natural number in an Indian Numbering System which is written as 1,00,00,000 and is equal to 100 Lakhs. In the International Numbering System, a Crore is equivalent to ten million i.e. 10,000,000 and 107 in scientific notation.
Crore is mostly used in countries like India, Sri Lanka, Pakistan, Bangladesh, and Nepal for referring to a large amount of money. Although Sri Lankans don’t use the exact word crore but the term “Kodi.”
The term “crore” originates from Krodi, the Prakrit word, which is further derived from the Sanskrit word Koti. Koti denotes ten million in the Indian number system, which holds distinct terms for most powers of ten from 100 to 1019. The crore has a variety of regional names.
A crore is abbreviated as Cr. Therefore, if you want to write 1 crore in short, you can represent it as 1 Cr or 2 Crores as 2 Cr, and so on.
What is Lakh?
Sometimes written as Lac, a Lakh is defined as a unit in the Indian Numbering System which is equal to 100,000, meaning one hundred thousand. The unit is often represented by the symbol L.
In the 2,2,3 convention of digit grouping in India, Lakh is usually represented as 1,00,000. For example, ₹ 700,000 in India becomes 7 Lakh and is represented as ₹ 3 Lakhs or INR 3,00,000.
The unit is quite popular in countries like India, Sri Lanka, Bhutan, Nepal, Bangladesh, and Pakistan. However, it is often used in Sri Lankan, Indian, Pakistani, and Bangladeshi English.
Furthermore, Lakh is used on the International Precious metals in the pricing of silver. In this market, the value of one Lakh typically amounts to 3100 kilograms or 100,000 troy of silver.
The modern term Lakh was extracted from the Sanskrit word ‘Laksha,” meaning mark or target or stake in gambling. Apart from this, Lakh was also utilized as the numeral for 100,000, in Gupta Era Classical Sanskrit.
How to Convert 1 Crore in Lakhs
As we know, in Lakhs, 1 crore can be written as-
1 crore = 1,00,00,000.
From the definition of crore, we got to know that-
1 crore = 100 Lakhs.
How? Let us understand this-
Since, 1 Lakh = 1,00,000 and 1 Crore = 1,00,00,000
Therefore, 1 Crore is equal to a hundred Lakhs .i.e. 100 Lakhs.
If you want to convert Lakhs to Crores, then simply multiply the given value of Crore by one hundred Lakhs. Let us have a look at the examples given below to have a better understanding of the conversion process
The Formula for Crores to Lakhs Conversion
For the conversion of crore in Lakhs, simply put the value of Crores in the formula given below:
Lakhs = Given values of Cr x 100 Lakhs.
Let us now solve a few examples using this formula.
Example 1: Convert 2 Crores in Lakhs
Sol: As per the formula,
Crores to Lakhs = Given values of Crores x 100 Lakhs
Therefore, 2 Cr in Lac = 2 x 100 Lakh = 200 Lakhs.
2 Crores = 200 Lakhs
Therefore, 2 Crores is equivalent to 200 Lakhs.
Example 2: Convert 11 Crores in Lakhs
Sol: Following the same formula as above, we can convert 11 Cr in Lakhs.
Therefore, 11 Cr to Lakhs = 11 x 100 Lakhs
So, 11 Cr = 11,000 Lakhs
Therefore, 11 Crores is equivalent to 11,000 Lakhs.
How many Zeros are there in a Crores?
1 Crore = 1,00,00,000
From the above notation, we can conclude that there are a total of seven zeroes in a Crore.
Crores to Lakh Conversion Table
Crores to Lakhs | Crores to Lakhs | Crores to Lakhs |
1 Crore is equal to 100 Lakh | 21 Crore is equal to 2100 Lakh | 41 Crore is equal to 4100 Lakh |
2 Crore is equal to 200 Lakh | 22 Crore is equal to 2200 Lakh | 42 Crore is equal to 4200 Lakh |
3 Crore is equal to 300 Lakh | 23 Crore is equal to 2300 Lakh | 43 Crore is equal to 4300 Lakh |
4 Crore is equal to 400 Lakh | 24 Crore is equal to 2400 Lakh | 44 Crore is equal to 4400 Lakh |
5 Crore is equal to 500 Lakh | 25 Crore is equal to 2500 Lakh | 45 Crore is equal to 4500 Lakh |
6 Crore is equal to 600 Lakh | 26 Crore is equal to 2600 Lakh | 46 Crore is equal to 4600 Lakh |
7 Crore is equal to 700 Lakh | 27 Crore is equal to 2700 Lakh | 47 Crore is equal to 4700 Lakh |
8 Crore is equal to 800 Lakh | 28 Crore is equal to 2800 Lakh | 48 Crore is equal to 4800 Lakh |
9 Crore is equal to 900 Lakh | 29 Crore is equal to 2900 Lakh | 49 Crore is equal to 4900 Lakh |
10 Crore is equal to 1000 Lakh | 30 Crore is equal to 3000 Lakh | 50 Crore is equal to 5000 Lakh |
11 Crore is equal to 1100 Lakh | 31 Crore is equal to 3100 Lakh | 52 Crore is equal to 5200 Lakh |
12 Crore is equal to 1200 Lakh | 32 Crore is equal to 3200 Lakh | 54 Crore is equal to 5400 Lakh |
13 Crore is equal to 1300 Lakh | 33 Crore is equal to 3300 Lakh | 55 Crore is equal to 5500 Lakh |
14 Crore is equal to 140,000 Lakh | 34 Crore is equal to 3400 Lakh | 56 Crore is equal to 5600 Lakh |
15Crore is equal to 1500 Lakh | 35 Crore is equal to 3500 Lakh | 58 Crore is equal to 5800 Lakh |
16 Crore is equal to 1600 Lakh | 36 Crore is equal to 3600 Lakh | 60 Crore is equal to 6000 Lakh |
17 Crore is equal to 1700 Lakh | 37 Crore is equal to 3700 Lakh | 70 Crore is equal to 7000 Lakh |
18 Crore is equal to 1800 Lakh | 38 Crore is equal to 3800 Lakh | 800 Crore is equal to 8000 Lakh |
19 Crore is equal to 1900 Lakh | 39 Crore is equal to 3900 Lakh | 90 Crore is equal to 9000 Lakh |
20 Crore is equal to 2000 Lakh | 40 Crore is equal to 4000 Lakh | 100 Crore is equal to 10,000 Lakh |
Detailed Examples of Crores to Lakh Conversion
To ensure that you have completely understood the process of conversion, we have covered a few more examples on how to 1 crore in Lakhs:
Example 1: Convert 5 Cr in Lakhs
Solution: Since 1 Crore is equal to 100 Lakh
So, the value of 5 Crore in Lakh will be calculated as follows:
5 Crores = 5 x 100 Lakhs
5 Crores = 500 Lakhs
Therefore, we can say that 5 Crores is equal to five hundred Lakhs.
Example 2: What is the value of 47.5 Crores in Lakhs?
Solution: As already mentioned above, 1 Crore = 100 Lakhs
Thus, 47.5 Cr into Lakhs = 47.5 x 100 Lakhs = 4750 Lakhs
Hence, 47.5 Cr = 4750 Lakhs.
Difference Between Crores and Lakhs
Both Crores and Lakhs are natural numbers in the Indian Numbering System. However, they differ in value and on various other grounds. Go through the table given below to discover more differences between the two number units:
Basis of Comparison | Crores | Lakhs |
Definition | A Crore is a natural number in an Indian Numbering System which is written as 1,00,00,000 and is equal to 100 Lakhs. | A Lakh is defined as a unit in the Indian Numbering System which is equal to 100,000, meaning one hundred thousand. |
Symbol | Cr | Lac, L |
Use | Countries like India, Sri Lanka, Pakistan, etc. use this unit to represent a large amount of money. | A Lakh is used on the International Precious metals in the pricing of silver. |
Value | 1 Cr is equal to 100 Lakhs | 1 Lakh is equal to 0.01 Cr |
Origin | The term “crore” originates from Krodi, the Prakrit word, which is further derived from the Sanskrit word Koti. | The modern term Lakh was extracted from the Sanskrit word ‘Laksha,” meaning mark or target or stake in gambling. |
FAQs
Q1. How many Lakhs are equal to one Crore?
Ans: 100 Lakhs are equal to one Crore.
Q2. How can we write 1 Cr in Lakh?
Ans: In Lakh, we can represent 1 Crore as one hundred Lakh.
Q3. Is 10 Lakh equal to 1 Crore?
Ans: No, 10 Lakh isn’t equal to 1 Crore. In fact, 100 Lakh is equal to 1 Crore.
Q4. How many Lakhs will be equal to 12 Crores?
Ans: Since 1 Cr = 100 Lakhs,
Therefore, 12 Crores = 12 x 100 Lakhs = 1200 Lakhs.
Hence, twelve hundred Lakhs will be equal to 12 Crores.