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Is 10 Lakh Equal to 1 Crore in Pakistan?

Published in Finance 1 min read

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.

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