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Answer the following:How many thousands make a lakh? How many thousands make a crore?
Solution :
$1 Lakh = 1,00,000 = 1000 \times 100 = 100 thousands = Hundred thousands$
Therefore, hundreds of thousands make 1 lakh.
$1 Crore = 1,00,00,000 = 1,000 \times 10,000 = 10,000 thousands = Ten thousand thousands$.
Therefore, ten thousand thousands make 1 crore.
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