1 Billion in Rupees

In Mathematics, the numbers can be defined with the help of place value. The place value of the digits in the numbers is represented in two different ways. They are the Indian System and the International System. The place value charts are used to identify the positional values of the number. The numbers in the general form can be expanded with the help of positions.

The order of the place value goes from right to left. The place value starts from the unit place (one’s place), then moves to tens, hundreds, thousands and so on. In this article, let us discuss the value of 1 billion in rupees in terms of the Indian system of place value in detail. Also, we will have a look at the place value chart for the Indian System and the International System.

1 Billion in Rupees Value

From the place value charts, billions are used in the International System. The equivalent value of 1 billion in rupees (in terms of Indian System) is given by

1 Billion = 1,000,000,000 Rupees

We can write it as:

1 Billion = 10,000 Lakhs (As 1 lakh = 1,00,000)

On other words , 1 Billion = 100 crores (As 1 crore = 1,00,00,000)

Place Value Chart for Indian System

In the Indian system, the sequence of the place value of the digit is as follows:

Crores

Lakhs

Thousands

Ones

Ten Crores

Crores

Ten Lakhs

Lakhs

Ten Thousands

Thousands

Hundreds

Tens

Ones

10,00,00,000

1,00,00,000

10,00,000

1,00,000

10,000

1000

100

10

1

The Indian system of numeration is also known as the Hindu-Arabic system. In this system, the comma symbol “,” is used to separate the periods. Here, the first comma comes after three digits from the right side, and the next comma comes after 2 digits, and then after every 2 digits.

Place Value chart for International System

In the International system, the sequence of the place value of digit is as follows:

Billions

Millions

Thousands

Ones

Hundred Billions

Ten Billions

One Billion

Hundred Millions

Ten Millions

One Million

Hundred Thousands

Ten Thousands

Thousands

Hundreds

Tens

Ones

100,000,000,000

10,000,000,000

1,000,000,000

100,000,000

10,000,000

1, 000,000

100,000

10,000

1000

100

10

1

Also, check: Billion to Rupees Calculator.

Billion in Rupees Examples

The following examples will help you to clearly understand the concept of billion in rupees:

Example 1:

What is the value of 5 billion in rupees?

Solution:

We know that 1 billion in rupees is equal to 1,000,000,000

So, the value of 5 billion in rupees is calculated as follows:

5 Billion = 5 x 1,000,000,000

5 Billion = 5,000,000,000 rupees

Also, we can say 5 billion is equal to 500 crores.

Example 2:

What is the value of 4.6 billion in crores?

Solution:

We know that

1 Billion = 100 crores

Therefore, 4.6 Billion = 4.6 x 100 crores

4.6 Billion = 460 crores

Hence, the value of 4.6 billion is 460 crores.

Example 3:

What is the value of 2 billion in lakhs?

Solution:

It is known that

1 Billion = 10,000 Lakhs

Therefore,

2 billions = 2 x 10,000 lakhs

2 Billions = 20,000 lakhs.

Practice Problems

Solve the following problems:

  1. What is the value of 3.26 Billions in rupees?
  2. What is the value of 0.23 billion in rupees?
  3. What is the value of ½ billion in rupees?

Frequently Asked Questions on 1 Billion in Rupees

Which place value system uses Billions?

The International System for place value used the term billion, which is approximately equal to 1,000,000,000.

What is the value of 1 billion in crores?

The value of 1 billion is equal to 100 crores.

What is the value of 1 billion in lakhs?

The value of 1 billion is equal to 10,000 lakhs.

How many crores is equal to 2.4 billion?

The value of 2.4 billion is 240 crores.

How many lakhs is equal to 7.5 billion?

7.5 billion is equal to 75,000 lakhs because 1 billion is equal to 10,000 lakhs.

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