Million to Lakhs Converter is a free online tool to convert Million to Lakhs. Converting between Million to Lakhs is a common task in everyday life. So, GeeksforGeeks provides a user-friendly and efficient online Million to Lakhs Conversion tool to simplify this process and ensure accuracy. It is an easy-to-use general purpose calculator that can be used in any field such as finance as well as for academic purposes. It also helps students and working professionals to solve various day-to-day problems.

If this scenario applies to you, our million to lakh converter is the ideal solution! It will also address your question about how to convert million to lakhs.

What is Lakh?

Lakh is a unit of number in the Indian Number System. In the Indian Number System, the place value of digits in a given number is written as ones, tens, hundred, thousand, ten thousand, lakh, ten lakh, etc. in increasing order format moving from the right-hand side to left left-hand side.

In 1 lakh, 1 is followed by 5 zeros. There are 100 thousand in one lakh.

Place Value System

Place Value is the value of a digit attached to its position in a given number. Let’s say we have a number 965 then we starting from right most digit, 5 is at unit place then its place value is 5 ⨯ 1 = 5, 6 is at tens place then place of 6 is 6 ⨯ 10 = 60 and the place value of 9 is 9 ⨯ 100 = 900.

There are two types of place value system named as Indian Place Value System and International Place value system. Let’s learn them in detail.

Indian Place Value System

Indian Place Value System as the name says is prevalent in India. In Indian Place Value system we assign place value to the number moving from right hand side to left hand side as ones, tens, hundred, thousand, ten thousand, lakh, ten lakh, crore, ten crore. This sequence is increasing order of place value. In Indian Place Value system we place comma(,) starting from right hand side first after three digits and then successively after every two digits. Example of number in Indian Place Value System is given as 32,45,786 which can be read as thirty two lakhs forty five thousand seven hundred eighty six.

International Place Value System

Internal Place Value system is standard way of notation of numbers globally. In International place value system we assign the place value as ones, tens, hundred, thousand, ten thousand, hundred thousand, million, ten million, hundred million, billion, ten billion, hundred billion and so on. In this system we place comma(,) after every three digits from right hand side. Example of number in International Number System is given as 324,615,765 which is read as three hundred twenty four million six hundred fifteen thousand seven hundred sixty five.

Why Convert Million to Lakh?

As we have learnt that Lakh is a unit of Indian Number System, it becomes important to learn how to convert million to lakh. This can be understood from an example, suppose your friend living in US informs you that he won 5 million in Jackpot, then you would be confused if you are not awared about million to lakh converter. Also all the foreign investment coming in India is in million which becomes difficult to figure out the actual amount as we are accustomed to the Indian Number System. Hence, all these factors make it important to convert million to lakh.

Million to Lakhs Conversion

It is simple to change 1 million into lakh conversion. A number in million to lakhs can be converted using the following formula:

1 million = 10 lakhs

In other words, a million is equivalent to 10 times lakhs. Therefore, it is obvious that a million is worth more than a lakh.

If we have 10 million, then its value in lakhs will be:

10 M = 10 x 10 lakhs = 100 lakhs

And 100 lakhs = 1 crore

1 Million = 10000 Hundred

1 Hundred = 0.001 Lakh

How to Convert Million to Lakhs?

We can easily use the million-to-lakhs calculator by following the steps discussed below,

Step 1: Enter the given value in the millions in the million input field.

Step 2: Click on the Convert button to convert the million value into the lakhs value.

Step 3: The value shown as the result is the required value in lakhs.

Million to Lakhs Conversion Table

Lakhs to Million Conversion

As we know, one million is equal to 10 lakhs, then one lakh is equal to 0.1 million.

1 Million = 10 Lakhs

Then, 1 Lakh = 1/10 Million, which is equal to 0.1 Million.

Hence, 1 Lakh = 0.1 Million

Lakhs to Million Conversion Table

The following table shows the conversion from lakhs to million:

Conclusion

In Conclusion, This Million to Lakhs calculator is a free online tool prepared by GeekforGeeks that converts the given value in millions into the value in lakhs. It is a fast and easy-to-use tool that helps students in solving various problems.

Also Check

• Billion to Rupee Converter
• Million to Crore Calculator

Solved Examples on Million to Lakh Converter

Example 1: Convert 3 million to lakh

Solution:

We know that 1 million = 10 lakh

Hence, 3 million = 3 ⨯ 10 = 30 lakh

Example 2: Convert 5.5 million to lakh

Solution:

We know that 1 million = 10 lakh

Hence, 5.5 million = 5.5 ⨯ 10 = 55 lakh

Example 3: Convert 70 million to lakh

Solution:

We know that 1 million = 10 lakh

Hence, 70 million = 70 ⨯ 10 = 700 lakh

Example 4: Convert 45 lakh to million

Solution:

We know that 1 million = 10 lakh

Therefore, 1 lakh = 1/10 million

Hence, 45 lakh = 45/10 = 4.5 million

Convert Million to Lakh

Q1: Convert 7.6 million to lakh

Q2: Convert 88 million to lakh

Q3: Which is greater 80 million or 80 lakh?

Q4: Check if 7.6 million and 76 lakh are equal.

FAQs on Million to Lakhs Calculator

1. What is the value of 1 million in rupees?

1 million rupees is equal to 10 lakhs.

2. What is the value of 10 million in lakhs?

Since, 1 million 10 Lakhs

10 million = 10 x 10 = 100 Lakhs = 1 crore

3. 20 million is equal to how many lakhs?

1 million = 10 lakhs ,20 million = 20 x 10 lakhs = 200 lakhs = 2 crore

4. How many thousand is 1 million?

1000 thousand is equal to 1 million.

5. How many crores is equal to 10 million?

1 crore is equal to 10 million.

6. How many lakhs are in a million?

There are 10 lakhs in a million.

7. 1 Million is equal to how many lakhs?

1 million is equal to 10 lakhs.

8. How much is 1 lakh?

1 lakh is equal to 100,000. In the Indian numbering system, 1 lakh is represented as “1,00,000“.

9. 1 lakh has how many zeros?

1 lakh has 5 zeros. In numerical terms, it is represented as 100,000.

10. How many lakh in 1 million?

There are 10 lakh in 1 million. In other words, 1 million is equal to 10 lakh.

11. What is Place Value? Explain it with an Example

Place Value is the value of a digit associated with its position in the number. It is given as ones, tens, thousand, ten thousand etc. moving from right hand side to left hand side. For Example in 2356 the 6 is at one’s place then its place value is 6 ⨯ 1 = 6, 5 is at tens place then its place value is 5 ⨯ 10 = 50, 3 is at hundred place then its place value is 3 ⨯ 100 = 300 and 2 is at thousand place then its place value is 2 ⨯ 1000 = 2000