Conversion from Indian to International Numeral System
Indian Numeral System | International Numeral System | ||
Ten | 10 | Ten | 10 |
Hundred | 100 | Hundred | 100 |
Thousand | 1000 | Thousand | 1000 |
Lakh | 1,00,000 | Hundred thousand | 100,000 |
Ten Lakhs | 10,00,000 | One Million | 1,000,000 |
Crore | 1,00,00,000 | Ten Million | 10,000,000 |
How Much is 1 Million?
The concept of “1 million” refers to the number one followed by six zeros, or 1,000,000 in numerical form. It is a large number often used to represent a significant amount of something, such as a large sum of money or a large quantity of something. The term “million” is a part of the system of large numbers called the “short scale,” which is used mostly in English-speaking countries. In other countries, the “long scale” is used, where 1 million is represented as 1,000 thousand.
In terms of money, 1 million dollars or other currency is a significant amount and is often used to represent wealth or a high level of income. In other contexts, 1 million can be used to represent a large quantity of something, such as 1 million people, 1 million units of a product, or 1 million miles.
In historical context, the value of 1 million has changed over time due to inflation. In the past, 1 million was considered an extremely large sum of money, but due to inflation, its value has decreased over time, making it less significant in terms of purchasing power.
Overall, the concept of 1 million is used as a way to represent a large quantity of something, whether it be money, people, or something else. It is a benchmark for measuring large numbers and is often used to represent wealth, success, and significance.