{"id":4674,"date":"2021-11-28T13:44:31","date_gmt":"2021-11-28T13:44:31","guid":{"rendered":"https:\/\/stgwebsite.mindspark.in\/studymaterial\/?page_id=4674"},"modified":"2021-12-28T13:28:31","modified_gmt":"2021-12-28T13:28:31","slug":"millions-to-lakhs-with-examples-and-faqs","status":"publish","type":"page","link":"https:\/\/stgwebsite.mindspark.in\/studymaterial\/math-concepts\/millions-to-lakhs-with-examples-and-faqs\/","title":{"rendered":"Millions to Lakhs with Examples and FAQs"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Section” module_class=”mainsec” _builder_version=”4.10.4″ _module_preset=”default” background_color=”#e0f2fd” z_index=”1″ custom_padding=”5px||5px||true|false” locked=”off” collapsed=”off” global_colors_info=”{}”][et_pb_row column_structure=”3_5,2_5″ custom_padding_last_edited=”on|phone” _builder_version=”4.10.8″ _module_preset=”default” background_color=”#FFFFFF” width=”100%” max_width=”1310px” custom_padding=”|51px|40px|51px|false|true” custom_padding_tablet=”” custom_padding_phone=”|40px|30px|40px|false|true” border_radii=”on|10px|10px|10px|10px” global_colors_info=”{}”][et_pb_column type=”3_5″ admin_label=”Column L” _builder_version=”4.9.10″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Acute Angles
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Millions to Lakhs with Examples and FAQs<\/h1>\n

[\/et_pb_text][et_pb_text admin_label=”Text” _builder_version=”4.13.1″ _module_preset=”default” text_font_size=”16px” header_2_font=”|600|||||||” header_2_text_color=”#a01414″ header_3_font=”|600|||||||” custom_padding=”15px|15px|54px|4px|false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

The conversion from millions to lakhs is based on the formula:<\/span><\/p>\n

1 Million = 10 Lakhs<\/span><\/p>\n

Where Millions is an International Numeral System unit and Lakhs an Indian.<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

Millions to Lakhs<\/b><\/h2>\n

<\/b><\/p>\n

<\/b><\/p>\n

Do you know what a million is?<\/b><\/h3>\n

Million is one thousand thousand or <\/span>1, 000, 000<\/span> in number. It is a part of the International Numeral System.<\/span><\/p>\n

In International Numeral System the place value is started from ones and follows the given pattern:<\/span><\/p>\n

Ones \u2192 Tens \u2192 Hundreds \u2192 Thousands \u2192 Ten Thousand \u2192 Hundred Thousand \u2192 Million \u2192 Ten Million \u2192 Billion(100 Million)<\/span><\/p>\n

\u00a0<\/b><\/p>\n

Now, that we know what a million is, let\u2019s discuss about 1 Lakh briefly.<\/span><\/p>\n

Lakh is a part of the Indian Numeral System and its value is <\/span>1, 00, 000<\/span>.\u00a0<\/span><\/p>\n

According to the International Numeral System, 1 Lakh is equivalent to a Hundred Thousand and is represented as <\/span>100,000<\/span>.<\/span><\/p>\n

Since, 1 Million is One Thousand Thousand or <\/span>1, 000, 000.<\/span><\/p>\n

Therefore, <\/span>1 Million = 10 Lakhs<\/span>.<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

Table for Millions to Lakhs<\/b><\/h3>\n

<\/b><\/p>\n

\"\"<\/b><\/p>\n

<\/b><\/p>\n

<\/b><\/p>\n

Examples<\/b><\/h2>\n

<\/b><\/p>\n

1. Ravi needs to pay \u20b91.2 Million to a company. Can you tell how much is he exactly paying in Lakhs?<\/strong><\/p>\n

Solution:<\/strong><\/p>\n

Given Ravi will pay \u20b91.2 Million to a company.<\/span><\/p>\n

We know, <\/span>1 Million = 10 Lakhs<\/span><\/p>\n

\u2234 <\/span>\u20b91.2 Million = \u20b9(1.2 \u00d7 10) Lakhs = \u20b912 Lakhs<\/span><\/p>\n

Ravi will be paying <\/span>\u20b912 Lakhs<\/span> to the company.<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

2. If a ticket to the U.K. costs \u20b9 1 Lakh then what is its cost in Million?<\/strong><\/p>\n

Solution:<\/strong><\/p>\n

Given the cost of the ticket is \u20b91 Lakh.<\/span><\/p>\n

We know, <\/span>1 Million = 10 Lakhs.<\/span>\u00a0<\/span><\/p>\n

\u2234 <\/span>\u20b9 1 Lakh = \u20b9\\frac{1}{10}<\/span><\/span> Million = \u20b90.1 Million<\/span><\/p>\n

The price of the ticket to the U.K. costs <\/span>\u20b90.1 Million.<\/span><\/p>\n

<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”2_5″ module_id=”stickysideR” admin_label=”Column R” _builder_version=”4.10.4″ _module_preset=”default” background_color=”#fdefe0″ custom_padding=”25px|25px|25px|25px|true|true” sticky_position=”top” sticky_offset_top=”-280px” sticky_limit_top=”row” sticky_limit_bottom=”row” sticky_position_tablet=”none” sticky_position_phone=”none” sticky_position_last_edited=”on|desktop” sticky_limit_bottom_tablet=”” sticky_limit_bottom_phone=”” sticky_limit_bottom_last_edited=”on|phone” border_radii=”on|15px|15px|15px|15px” box_shadow_style=”preset3″ global_colors_info=”{}”][et_pb_image src=”https:\/\/eistudymaterial.s3.amazonaws.com\/1080×1080.png” alt=”Free Trial banner” title_text=”Mindspark Free Trial Banner” url=”https:\/\/mindspark.in\/free-trial” align=”center” module_class=”adsimg” _builder_version=”4.11.1″ _module_preset=”default” custom_padding=”||||false|false” border_radii=”on|10px|10px|10px|10px” global_colors_info=”{}” transform_styles__hover_enabled=”on|hover” transform_scale__hover_enabled=”on|hover” transform_translate__hover_enabled=”on|desktop” transform_rotate__hover_enabled=”on|desktop” transform_skew__hover_enabled=”on|desktop” transform_origin__hover_enabled=”on|desktop” transform_scale__hover=”102%|102%”][\/et_pb_image][et_pb_text admin_label=”Explore Other Topics
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Explore Other Topics<\/h1>\n

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Frequently Asked Questions\u00a0<\/span><\/span><\/h1>\n
    <\/ol>\n

    1. What is 1 Million?
    <\/strong><\/h3>\n

    Ans:<\/strong>1 Million is 1 Thousand Thousand or 1, 000, 000 in number. It is a part of the International Numeral System.<\/span><\/span><\/span><\/span><\/p>\n

    2. How many lakhs make 1 Million<\/b>?<\/strong><\/h3>\n

    Ans: <\/strong>10 Lakhs = 1 Million.<\/strong><\/p>\n

    3. How many zeroes are there in 20 Million?<\/strong><\/h3>\n

    Ans: <\/strong>There are 6 zeroes in a Million, therefore, there are 7 zeroes in 20 Million.
    <\/strong><\/p>\n

    <\/strong><\/p>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

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