Whether it is "one lakh", "two lakh" or "fifty lakh", the word is written in singular and not in plural. Please note that the word "lakh" takes the singular form but the word following "lakh" takes the plural form. You can say " two lakh rupees" or " five lakh tonnes" but not " two lakhs rupees" or "five lakhs tonnes". This is on the analogy of the words " million" and "billion". For example, we say " 5 million" or " 5 billion dollars" but not "5 millions" / " 5 billions dollars". However, in a table of figures, you can say " in lakhs of rupees" and not " in lakh of rupees".
5 Lakh Rupees
5
5
ther are 5 zeros in one lakh
0.5 million is equal to 5 lakh in pakistan rupees
One lakh is equal to 100,000 rupees. Therefore, 50 lakh is equal to 50 x 100000 = 5000000 rupees, or 5 followed by 6 zeroes.
3-5 lakh Indian rupees
5,00,000
The Indian Rupee is the currency in India. The Dollar is the currency in US and a few other countries. The symbol for INR (--INdian Rupee--) can be written Rs, IRs, and ₨. The symbol for USD can be written $. The Indian Rupee is divided into 100 paise. The US Dollar is divided into 100 cents. 42 RUPEES for ONE US Dollar is the exchange rate for both currencies. Last updated on August 23, 2013 from The International Monetary Fund. The INR conversion factor has 6 significant digits, and so does the USD conversion factor as well. Large amounts of Rupees are expressed in LAKH RUPEES or CRORE RUPEES. A Lakh Rupee is One Hundred Thousand RUPEES. A CRORE RUPEE Ten Million RUPEES. So, 5 LAKH is = 5 x 100,000 = 500,000. Next we divide 500,000 Rupees / 42 (convertion rate) = $11,904.76 US Dollars
Money lending, small grocery shop,Small departmental store. Etc...
1 lakh = 100000 Hence number of hundreds in it is 100000/100 = 1000