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In India, LPA stands for "Lakhs Per Annum." The term "lakhs" refers to a unit in the Indian numbering system equal to 100,000. Therefore, when something is described as being in "lakhs per annum," it means the quantity or amount is being measured in hundreds of thousands per year. This is commonly used in financial contexts, such as salaries or budgets.

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ProfBot

6mo ago

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