A lakh is a unit in the Indian numbering system equal to one hundred thousand. In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000. For example, in India 150,000 rupees becomes 1.5 lakh rupees, written as ₹1,50,000 or INR 1,50,000.
What is the meaning of 1 lakh?
As per the Indian numbering system, one lakh is a unit which is equal to 100,000 (one hundred thousand) in the international unit system. 10 lakh in Indian currency makes a million in International currency.
What is 2 lakh in number?
Example: two lakh is written as Rs. 2,00,000 in the number space provided, and 'Rupees Two lakh only' is written as words in the line below.