A crore/ Koti (/krɔːr/; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000).[1]

It is widely used both in official and other contexts in

Bangladesh, Bhutan, Burma, India, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English.

Money

Large amounts of money in Bangladesh, India, Nepal, and Pakistan are often written in terms of Koti or crore. For example (one hundred and fifty million) is written as "fifteen crore rupees", "15 crore" or "15 crore".[1] In the abbreviated form, usage such as "15 cr" (for "15 crore rupees") is common.[2]

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:[citation needed]

The word crore derives from the Prakrit word kroḍi, which in turn comes from the Sanskrit koṭi (कोटि),[3] denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 100 up to 1019. The crore is known by various regional names.[4]

See also

References

  1. ^ a b "Knowing our Numbers". Department of School Education And Literacy. National Repository of Open Educational Resources. Retrieved 13 February 2016.
  2. ^ Posamentier, Alfred S.; Poole, Peter (23 March 2020). Understanding Mathematics Through Problem Solving. World Scientific. ISBN 978-981-4663-69-4.
  3. ^ Oxford English Dictionary, 1st ed., 1893, s.v. 'crore'
  4. ^ Detrie, P. (March 1975). "[Letter: The defense of French medical publications. I protest!]". Annales de l'Anesthésiologie Française. 16 (2): XLVIII–XLIX. ISSN 0003-4061. PMID 5000.

Sources