Crore

A crore (/ˈkrɔər/; abbreviated cr) is a unit in the Indian numbering system equal to ten million (10,000,000; in scientific notation: 107). It is widely used in India, Bangladesh, Pakistan, Sri Lanka and Nepal, and is written in these regions as 1,00,00,000 with the local style of digit group separators. It is equal to a hundred lakh (a lakh is equal to one hundred thousand and is written as 1,00,000).[1]

Usage

Money

Large amounts of money in India are often written in terms of crores. For example, 100,000,000 (one hundred million) Indian rupees is written as 'ten crore rupees' or '10 crore' or 'Rs 10 crore'.[1]

Trillions of are often written or spoken of in terms of lakh crore. For example, one trillion rupees is:

= One lakh crore rupees
= 1 lakh crore
= Rs 1 lakh crore
= Rs (1,00,000 × 1,00,00,000)
= Rs 10,00,00,00,00,000 in Indian notation
= Rs 1,000,000,000,000 in western notation
= Rs 1 trillion (short scale)
= Rs 1 billion (long scale)
= 1012 rupees

lakh is also used in Sri Lanka, most Sri Lankans use the term koatiya (කෝටිය) or koti (கோடி) for crore when referring to money.

Etymology and regional variants

The word crore is derived from the Prakrit word krodi,[2] denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 100 up to 1019. The crore is known by various regional names.

South Asian languages

In other languages

See also

References

  1. 1 2 "Knowing our Numbers". Department Of School Education And Literacy. National Repository of Open Educational Resources. Retrieved 13 February 2016.
  2. "Oxford English Dictionary". Retrieved 9 February 2011.
This article is issued from Wikipedia - version of the Monday, April 25, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.