I want to know the value and impact of 1 million in India. What purchasing power does this amount have in the Indian context? How does it compare to the average income or standard of living there?
6 answers
Tue Jan 14 2025
The concept of numerical equivalence can be easily explained.
Mon Jan 13 2025
For instance, two million is numerically equal to twenty lakhs.
Mon Jan 13 2025
Specifically, one million is numerically equal to ten lakhs.
Mon Jan 13 2025
When converting one million into rupees, this numerical equivalence holds true.
Mon Jan 13 2025
Therefore, one million rupees is equivalent to ten lakh rupees.