Question: 1 million rupees means how many lakhs?
Answer: 1 Lakh = 100 Thousands = 1 followed by 5 Zeros = 100,000. 10 Lakhs = 1 Million = 1 followed by 6 Zeros = 1,000,000. Similarly here, 1 Crore = 10 Million = 1 followed by 7 Zeros = 10,000,000.