Crore

A crore (/krɔːr/; abbreviated cr), kodi, khokha, karod, karor, or koti denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000).[1]

Money

Large amounts of money in India, Pakistan, Bangladesh, and Nepal are often written in terms of crore. For example (one hundred and fifty million) is written as "fifteen crore rupees", "15 crore" or "Rs 15 crore".[1] In the abbreviated form, usage such as "₹15 cr" (for "15 crore rupees") is common.[2]

Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is:

= One lakh crore rupees
= ₹1 lakh crore
= ₹105+7
= ₹1012
= ₹10,00,00,00,00,000 in Indian notation
= ₹1,000,000,000,000 in Western notation

Crore is used in Sri Lanka; however, this term is now replaced with millions, billions, and trillions in the Sri Lankan education system and is being phased out of general usage in the country. The word crore derives from the Prakrit word kroḍi, which in turn comes from the Sanskrit koṭi (कोटि),[3] 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.

See also

References
  • Chisholm, Hugh, ed. (1911). "Crore" . Encyclopædia Britannica (11th ed.). Cambridge University Press.
  1. "Knowing our Numbers". Department of School Education And Literacy. National Repository of Open Educational Resources. Retrieved 13 February 2016.
  2. Posamentier, Alfred S.; Poole, Peter (23 March 2020). Understanding Mathematics Through Problem Solving. World Scientific. ISBN 978-981-4663-69-4.
  3. Oxford English Dictionary, 1st ed., 1893, s.v. 'crore'
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.