One crore is equal to

Question

Accepted Answer

One crore is equal to 100 lacs. Let's break down why Option 1 is the correct answer and why the other options are incorrect:

1. **Explanation for Option 1 (100 lacs):**
   - In the Indian numbering system, one crore is a unit of measurement that is equal to 10 million. Since one lakh is equal to 100,000, 100 lacs would be equal to 10 million (100,000 x 100 = 10,000,000), which is precisely one crore. Therefore, Option 1 is correct because it accurately represents the conversion of one crore into lacs.

2. **Explanation for Option 2 (1000 lacs):**
   - Option 2 suggests that one crore is equal to 1000 lacs. However, 1000 lacs would be equal to 100 million (100,000 x 1000 = 100,000,000), which is ten times larger than one crore. Therefore, this option is incorrect.

3. **Explanation for Option 3 (10 lacs):**
   - Option 3 states that one crore is equal to 10 lacs. However, 10 lacs is equal to 1 million (100,000 x 10 = 1,000,000), which is only one-tenth of one crore. Thus, this option is incorrect.

4. **Explanation for Option 4 (100 thousands):**
   - Option 4 claims that one crore is equal to 100 thousands. However, 100 thousands is equal to 1 lakh (100,000 x 1 = 100,000), which is far less than one crore. Therefore, this option is incorrect.

In conclusion, Option 1 is the correct answer because one crore is indeed equal to 100 lacs, as per the Indian numbering system. The other options do not accurately represent the conversion of one crore into lacs or any other unit.