1 Billion in Rupees–Learn Conversion Method & Solved Examples
You often have come across the word 1 billion at least once in your life and you must have got confused regarding the value of this number. But you are not the only one. Many people are confused about the value of 1 billion in rupees and have these questions in their mind:
How many crores mean 1 Billion?
How much means 1 Billion?
How many millions are there in 1 Billion rupees?
How many zeros are there in a billion Indian rupees?
How many millions is 1 Billion?
Don’t worry all your questions will be answered through this article.
The value of 1 billion in rupees is 10,000 lakhs. It can be written as 1,000,000,000 and is a natural number.
The concept of place value is used in mathematics to define numbers. There are two ways to represent the place value of the digits in a number. The Indian System and the International System are the two. The place value charts are used to determine the number's positional values. With the help of locations, numbers in the general form can be expanded.
The place value is ordered from right to left. Starting with the unit’s place (one's place), the place value progresses to tens, hundreds, thousands, and so on. Let us look at the worth of one billion rupees in terms of the Indian system of place value in this article. We'll also look at the place value chart for both the Indian and International systems.
Place Value Chart in India Number System
You can refer to the below table of the place value chart in the Indian number system.
Tens |
Ones |
1 |
Tens |
10 |
|
Hundreds |
100 |
|
Thousands |
Thousands |
1000 |
Ten Thousands |
10,000 |
|
Lakhs |
Lakhs |
1,00,000 |
Ten Lakhs |
10,00,000 |
|
Crores |
Crores |
1,00,00,000 |
Ten Crores |
10,00,00,000 |
Place Value Chart in International Number System
Here is the place value chart in the International Number system that will help you know the value of 1 Billion:
Tens |
Ones |
1 |
Tens |
10 |
|
Hundreds |
100 |
|
Thousands |
Thousands |
1000 |
Ten Thousands |
10,000 |
|
Hundred Thousands |
100,000 |
|
Million |
One Million |
1,000,000 |
Ten Million |
10,000,000 |
|
Hundred Million |
100,000,000 |
|
Billion |
One Billion |
1,000,000,000 |
Ten Billion |
10,000,000,000 |
|
Hundred Billion |
100,000,000,000 |
1 Billion in Rupees Value Calculation
In the International System, billions is the term used to define a value of the number. In Indian System, the values of 1 billion in rupees can be given as:
1 Billion = 1,000,000,000 Rupees
We can also write 1 billion in lakhs, such as:
1 Billion = 10,000 lakhs (as we know that 1 lakh = 1,00,000)
So, we can consider 1 billion in lakhs as 10,000 lakhs. This means that 1 billion in lakhs is equal to ten thousand lakhs.
We can also say that, 1 Billion = 100 crores (as 1 crore equals 1,00,00,000)
Billion to Lakhs Conversion Calculation
If you want to convert the given billion value into lakhs, then you need to multiply it by ten thousand lakhs (10,000 lakhs).
Let’s understand it through an example:
If you want to convert 5 billion in lakhs, then multiply it by 10,000 lakhs.
5 Billion = 5 x 10,000 lakhs
5 Billion = 50,000 lakhs
So, we can say 5 billion equals 50,000 lakhs.
Billion to Crores Conversion Calculation
As discussed earlier, 1 Billion is equal to 100 crores.
So, to convert the given billion value to crores, you need to multiply it by 100 crores.
For example:
If you want to convert 3 billion in crores, you need to multiply it by 100 crores.
3 Billions = 3 x 100 crores
3 Billion = 300 crores
So, we can say, 3 billion is equal to 300 crores.
You can convert any billion value to the Indian numbering system using the calculation mentioned above.
Billion to Million Conversion Calculation
1 million = 1000,000
So, we can say One million is equal to 1000 thousand.
Therefore, 1 billion = 1000 million = 1000,000,000
Which results that one billion in million is equal to 1000 million.
Billion in Rupees Practice Questions
You will have a clear understanding of the concept, one billion in rupees through some of the examples given below:
Example 1: What is the value of 6 billion in rupees?
Solution: We know the value of 1 billion in rupees i.e. 1,000,000,000
So, the value of 6 billion in rupees can be calculated as:
6 Billion = 6 x 1,000,000,000
6 Billion = 6,000,000,000 rupees
So, in crores, we can say 6 billion is equal to 600 crores.
Example 2: What is the value of 7.3 billion in crores?
Solution: As discussed above,
1 Billion = 100 crores
So, we can say 7.3 Billion = 7.3 x 100 crores
i.e. 7.3 Billion = 730 crores
So, the value of 7.3 billion is equal to 730 crores.
FAQs on 1 Billion in Rupees
Here are some of the Frequently Asked Questions regarding the concept 1 Billion in rupees.
Question 1 - How many crores mean 1 Billion?
Answer: As calculated above, we can say 1 billion is equal to 100 crores.
Question 2 - How much means 1 Billion?
Answer: 1 billion means 1,000,000,000 i.e. 10,000 lakhs or 1000 million.
Question 3 - How many millions are there in 1 Billion rupees?
Answer: The value of 1 Billion rupees in million is 1000 million.
Question 4 - How many zeros are there in a billion Indian rupees?
Answer: There are 9 zeros in one billion Indian rupees i.e. 1,000,000,000.
Question 5 - Is billion or crore bigger?
Answer: Billion and crore are the units of numbers that are used in the International Number System and Indian Number System respectively. However, we can say 1 billion is equal to 100 crores. So, yes we can say a billion is bigger than a crore.
So, this was all about the concept of 1 billion in rupees. Hope you are now clear with all your confusion and queries you had regarding this concept.
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