Question

Mark the correct alternative of the following.
How many Lakhs are there in one million?
(a) 100
(b) 10
(c) 1000
(d) None of these

Answer 1

Hint: Compare the Indian number system with the international number system to detect the difference in counting and the basic difference or similarity between them. Write the positions of one million and similarly one lakh to determine the answer.

Complete step by step answer:
The numbers have become a very important thing in our day to day life. We use numbers for almost everything. Numbers are used to count, compare, and measure different things. It is therefore necessary to understand the number system.
The number system or the numeral system is the system of naming or representing numbers. There are two types of number systems namely the Indian number system and the International number system. The main difference between the Indian number system and the International number system is the placement of the separators. In the International number system, millions are written after thousands. In the Indian system, lakhs are written after thousands. The place of a digit is defined by its position. Millions and billions are used in the international number system whereas lakhs and crores are used in the Indian number system. Up to ten thousand both Indian and international number systems are the same.
Now, in the Indian system, one lakh appears after ten thousand while in the international system a hundred thousand appears. Next is 10 lakhs in the Indian system, and one million in the international system.
Therefore, we can conclude that there are 10 lakhs in one million.
Hence, option (b) is the correct answer.

Note:
 Don’t get confused by the commas or separators used in both the Indian number system and international number system. Indian number system uses comma after every two place value after the hundredth digit, while the international number system uses a comma after every three place value.