Crore

Crore (/krɔːr/; abbreviated cr) denotes the quantity ten million (107) and is equal to 100 lakh in the Indian numbering system. In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000.[1]

Crore is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, and Pakistan.

Etymology

The word crore derives from the Prakrit word kroḍi, which in turn comes from the Sanskrit koṭi (कोटि),[2] denoting ten million in the Indian number system, which has separate terms for most powers of ten from 100 up to 1019. The crore is known by various regional names.

Money

Large amounts of money in India, Bangladesh, Nepal, and Pakistan are often written in terms of crore. For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen crore rupees", "₹15 crore".[1] In the abbreviated form, usage such as "₹15 cr" is common.[3]

Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to:

  • ₹1 lakh crore
  • ₹1012
  • ₹10,00,00,00,00,000 in Indian notation
  • ₹1,000,000,000,000 in metric notation

See also

Look up crore in Wiktionary, the free dictionary.

References

  1. ^ a b "Knowing our Numbers". Department of School Education And Literacy. National Repository of Open Educational Resources. Archived from the original on 16 February 2016. Retrieved 13 February 2016.
  2. ^ Oxford English Dictionary, 1st ed., 1893, s.v. 'crore'
  3. ^ Posamentier, Alfred S.; Poole, Peter (23 March 2020). Understanding Mathematics Through Problem Solving. World Scientific. ISBN 978-981-4663-69-4.

Sources

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