Hello everyone! We will learn a Trick to write the number of zeros in 1 million, 1 billion, 1 trillion, 1 lakh, 1 crore, or 1 lakh crore, etc., and who is called a millionaire, billionaire, trillionaire etc?
Remember always:
You can remember above as 7crore 5lakhs ( i.e. there are 7 zeroes in 1 crore and 5 zeroes in 1 lakh).
One more thing to remember-
Trick: 1 billion can be obtained by multiplying 1000 to 1 million
Similarly, 1 trillion can be obtained by multiplying 1000 to 1 billion
Practice time:
1 million = 10 lakhs= 10 * 1 lakh = 10 * 5 zeroes = 10,00000
1 billion = 100 crores= 100 * 1 crore = 10 * 7 zeroes = 10,0000000
1 trillion = 1lakh crores= 1lakh * 1 crore = 5 zeroes * 7 zeroes = 1 00000 0000000
So, we can see that 1 trillion has 12 zeroes.
In 2019, Government of India envisioned of making India a $5 trillion economy.
So how to write 5 trillion dollars?
Lets first write 5 trillions in lakhs and crore form.
5 lakhs crores US dollars= 5 * (5 zeroes) * (7 zeores) = 5 00000 0000000 $
To convert above into Indian rupees, multiplying by the exchange rate: i.e. 79.63 ( 1 US $= 79.63 Indian rupees)
= (5*79.63) * 00000 0000000 Indian rupees = 398.15 00000 0000000 Indian rupees
What is a Unicorn?
A company whose worth is more than 1 billion dollars.
Who is a millionaire?
A person who has a consistent annual income of 1 million US dollars.
i.e., 10 lakhs dollars or if a person has a consistent income of (10*75) lakhs Indian rupees = 750 00000 Indian rupees or 7.5 crores then, we can say he is a millionaire.
Who is a billionaire?
A person who has a consistent annual income of 1 billion US dollars i.e. 100 crores $
i.e., 100 crores dollars or if a person has a consistent income of (100*75) crores Indian rupees = 7500 0000000 Indian rupees or 7500 crores then, we can say he is a billionaire.
Who is a trillionaire?
A person who has a consistent annual income of 1 trillion US dollars i.e. 1 lakh crores $
i.e., if a person has a consistent income of 75 lakh crores Indian rupees, then, we can say he is a trillionaire.
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