1 Million Means | One Millions In Rupees, Lakhs And Crore - Byju's

1 million means one thousand thousand, in maths. The meaning of the word “million” is familiar to both small scale and long scale numbering systems, unlike the larger numbers, which have different names in the two types of systems. One million (i.e., 1,000,000) one thousand thousand. This is the natural number (or counting number) followed by 999,999 and preceded by 1,000,001.

The word “million” is derived from the early Italian million (milione in modern Italian), from mille, “thousand”, plus the augmentative suffix -one. It is abbreviated as m.

Table of Contents: 1 Million in Lakhs 1 Million Equals 1 Million in Rupees 1 Million means how much 1 Million in Crore Conversion Solved Examples Practice Problems FAQs

1 Million Means How Many Lakhs

In the numeral system, the terms rupees, lakhs, and millions are often used to easily and understandably write a large amount. The place value of digits may be treated in different ways in Indian and International numeral systems (more specifically in the US).

In the Indian numbering system, place values of digits in the number go in Ones, Tens, Hundreds, Thousands, Ten Thousand, Lakhs, Ten Lakhs, Crores, and so on. However, in the International numbering system, the place values of digits of the number go in the order of Ones, Tens, Hundreds, Thousands, Ten Thousand Hundred Thousand, Millions, Billions and so on.

Hence, in the conversion of the amount from millions to rupees, 1 million can be written as given below:

i.e. 1 Million = 10 Lakhs

Millions	Lakhs
1	10 (= 1000000)
2	20 (= 2000000)
5	50 (= 5000000)
10	100 (= 10000000)
20	200 (= 20000000)
50	500 (= 50000000)

1 Million Equals

One million equals one thousand thousand or ten lakhs. Numerically, it is represented as:

1 million (M) = 1000, 000

1 million = 10, 00000 = 10 lakhs

1000,000 is the succeeding number to 999,999 and the preceding number to 1000,001, such that;

999999+1 = 1000000

1000001 – 1 = 1000000

The scientific notation of 1000,000 is given by:

1000,000 = 1 x 106

1 Million Means In Rupees

MIllion is the term used to represent large numbers in the International numeral system. We can represent millions using some conversions to represent in the Indian numeral system. To convert millions to rupees, we should take one million as ten lakhs in Indian rupees and one lakhs has six zeros. Let us see the value of millions in rupees given in the below table:

Millions	Rupees
1	1000000
2	2000000
10	10000000
50	50000000
60	60000000
70	70000000
100	100000000
1000	1000000000

1 Million Means How Much

How much is 1 million in Indian rupees? The answer to this question can be written in different ways. As we know, in the Indian currency system, the amount of money is read as rupee, ten, hundred, thousand and so on. Million is the term used to describe large amounts of money in the International currency system (like counties of the US). However, the value of 1 million can be expressed as:

1 Million = 1000000 rupees

1 Million = 10 lakhs

1 Million = 0.1 crore

Read more: 1 billion in rupees Million to Rupees Calculator Place Value Calculator

1 Million In Crore

The representation of currency from millions to crores involves the conversion from the International to Indian numeral system. However, the place value of digits varies from the Indian numbering system to the International numbering system. Thus, the expression of numbers from million to crores is given as:

1 Million = 0.1 crore

10 Millions = 1 crore

20 Millions = 2 crores

100 Millions = 10 crores

Thus, one million is equivalent to one-tenth (1/10th) of a crore.

Conversion from Indian to International numeral system

The below table shows the conversion of currency numbers from the Indian numeral system to the International numeral system for different values such as ten, hundred, thousand, lakhs, etc.

Indian Numeral System		International Numeral System
Ten	10	Ten	10
Hundred	100	Hundred	100
Thousand	1000	Thousand	1000
Lakh	1,00,000	Hundred thousand	100,000
Ten lakhs	10,00,000	One million	1,000,000
Crore	1,00,00,000	Ten million	10,000,000

Solved Examples

Example 1: Express 18 million in lakhs.

Solution:

We know that 1 Million = 10 lakhs

18 million = 18 × 10 lakhs

18 millions = 180 lakhs

Also, check Million to Lakhs Calculator here.

Example 2: Write the value of 25 million in crores.

Solution:

We know that 1 Million = 0.1 crore

25 millions = 25 × 0.1 crore

25 millions = 2.5 crores

Get Million to Crore Calculator here for quick conversions.

Practice Problems

The below practice questions help in understanding how to convert the currency values from millions to the Indian numeral system.

1. How many lakhs is equivalent to 9 million?
2. Convert 47 million to crores.
3. Express 15 million in Rupees.

Frequently Asked Questions on One Million

Q1

What is the value of 1 million?

The value of 1 million is 10 lakhs in Indian rupees or one thousand thousand. One million is abbreviated as m (i.e., million). For example, 2 million can be written as 2 m.

Q2

What do you mean by 1 billion?

One billion is equivalent to 100 crores in Indian rupees. 1 billion in terms of millions can be expressed as thousand million, i.e. 1000 million.

Q3

How many millions is 1 billion?

One thousand million is equivalent to 1 billion. Also, one million is one-thousandth of a billion. We can also say that ten thousand lakhs equals 1 billion.

Q4

How many zeros does 1 million have?

As we know, 1 million equals 10 lakhs and 1 lakh has five zeroes. That means, 10 lakhs has 6 zeros. Therefore, 1 million will have six zeros, i.e. 10,00,000.

Q5

How many millions make a crore?

In the Indian numeral system, one crore is 100 lakhs. We know that one million is 10 lakhs; therefore, 10 million make a crore.