No, 10 lakh is not equal to 1 crore in Pakistan.
Understanding the Indian Numbering System
Pakistan, like India, uses the Indian numbering system. In this system:
- 1 lakh (lakh) equals 100,000 (10<sup>5</sup>).
- 1 crore (crore) equals 10 million (10<sup>7</sup>).
Therefore, 1 crore is equal to 100 lakhs (10<sup>7</sup> = 10<sup>5</sup> x 10<sup>2</sup>).
Example:
- 10 lakh rupees is equivalent to 1 million rupees.
- 1 crore rupees is equivalent to 10 million rupees.
In conclusion, 10 lakh is significantly less than 1 crore, with 1 crore being ten times greater than 1 lakh.