1 million in lakhs

'How many lakhs does one million mean?' We'll go over how to convert 1 million to lakh and, more importantly, what the difference between million and lakh is.

What is Million?

One million is the equivalent of one thousand thousand. It is the international numbering system unit that comes after 999,999 and before 1,000,001. The unit is used for short and long scales and is derived from the Italian term'millione.' It can also be shortened as'm'.

Also Check: 1 Bigha in Square Feet

What is Lakh?

The lakh is a unit of measurement in the Indian numbering system. This Indian numeral system is also known as 1,00,000. You can write it as 1 lakh rupees or Rs 1,000,000 when writing it.

What is the value of 1 Million in Lakhs?

Million Value in lakhs Value in Words
1 Million 10 Lakhs or 10,000,00 Ten Lakhs
2 Million 20 Lakhs or 20,000,00 Twenty Lakhs
3 Million 30 Lakhs or 30,000,00 Thirty Lakhs
4 Million 40 Lakhs or 40,000,00 Forty Lakhs
5 Million 50 Lakhs or 50,000,00 Fifty Lakhs
6 Million 60 Lakhs or 60,000,00 Sixty Lakhs
7 Million 70 Lakhs or 70,000,00 Seventy Lakhs
8 Million 80 Lakhs or 80,000,00 Eighty Lakhs
9 Million 90 Lakhs or 90,000,00 Ninety Lakhs
10 Million 100 Lakhs or 100,000,000 1 Crore
50 Million 500 Lakhs or 500,000,000 5 Crore
100 Million 1000 Lakhs or 1000,000,000 10 Crore

Difference Between Million and Lakh

The distinction between million and lakh is drawn primarily from regional systems. Large numbers are distinguished by commas within three-digit intervals in several parts of the United States.
It goes like this-
...BBB, MMM, TTT, HHH in which
B is for Billions
M is for Millions
T is for thousands and
H is for Hundreds
Whereas in the Indian system of numbers. Here, it goes like this-
...CC, LL, TT, HHH in which
C is for Crores
L is for Lakhs
T is for thousands and
H is for Hundreds

Also Check: Grams to Kilograms Formula

1 Million to Lakh Converter

You just witnessed what it takes for lakhs of people throughout the world to make millions. According to the implications of the Indian number system, the number that is brought as twenty lakhs would be put as two million, according to international numeration.
To check the answer, all you need is a million to lakh converter. You must enter one million in the input section and then press the conversion button. This will rapidly reveal how many lakhs equal one million.

Formula and Example to Convert 1 Million in Lakhs

Conversion Formula
To convert million to lakhs, use this formula:

Value in Lakhs = Value in Millions * 10

Example
Let's convert 1 million into lakhs using the formula:

Value: 1 Million

Calculation: 1 Million * 10 = 10 Lakhs
Thus, 1 million is equivalent to 10 lakhs.

This method is particularly helpful for understanding financial amounts in regions like India where the terms lakhs and crores are commonly used.

Related Links

Frequently Asked Questions on 1 million in lakhs

1 million is equivalent to 10 lakhs. This is because 1 million is equal to 1,000,000 and 1 lakh is equal to 100,000. Therefore, 1,000,000/100,000=10.

1 billion is equivalent to 10,000 lakhs. This is because 1 billion is equal to 1,000,000,000 and 1 lakh is equal to 100,000. Therefore, 1,000,000,000/100,000=10,000

1 crore is equivalent to 10 million. This is because 1 crore is equal to 10,000,000 and 1 million is equal to 1,000,000. Therefore, 10,000,000/1,000,000=10

1 million is equivalent to 1,000k. This is because 1 million is equal to 1,000,000 and 1k is equal to 1,000. Therefore, 1,000,000/1,000=1,000