**Lakh to Crore Converter**

Use this number converter tool to easily convert numbers from lakhs to crores.

On this page, you’ll learn:

- What is a Lakh?
- What is a Crore?
- Lakh to Crore Conversion Formula
- How to Convert Lakh to Crore?
- Lakh to Crore Conversion Table

**What is a Lakh to Crore Converter?**

Lakh to Crore Converter is an online converter tool through which you can convert numbers in lakhs to their equivalent value in crores.

**What is a Lakh?**

A lakh is a unit in the Indian numbering system which is equal to one hundred thousand in the International numbering system. A lakh is written as 1,00,000. The symbol used for lakh is lac.

Lakh is mostly used in South-Asian countries like India, Nepal, Bhutan, Sri Lanka, and Myanmar.

**What is a Crore?**

A crore is a unit in the Indian numbering system which is equal to ten million in the International numbering system. A crore is written as 1,00,00,000. The symbol used for crore is cr.

Like Lakh, crore is also mostly used in South-Asian countries like India, Bhutan, Nepal, and Bangladesh.

**Lakh to Crore Conversion Formula**

The formula used to convert lakh to crore is:

**Crore = Lakh /100**

**How to Convert Lakh to Crore?**

One crore is equal to 100 lakhs. It can be written as 1 Crore = 100 Lakh. That means 1 Lakh is equal to 0.01 Crores. Therefore, using this knowledge, we can say that to convert a number from lakh to crore, we need to divide the number in lakh by 100 to get the number in crore.

**Number in Crores = Number in Lakhs / 100**

**Example Problems on Lakh to Crore Conversion**

**Example 1:** Convert 523 lakh into crores.

**Step 1: Obtaining the number in lakh**

Number in lakh = 523

**Step 2: Using the lakh to the crore conversion formula**

Now, since we have the number in lakhs, we can use the lakh-to-crore conversion formula to easily convert the number to crores.

Crore = Lakh / 100 = 523 / 100 = 5.23

Thus, 523 lacs = 5.23 cr

**Example 2:** Convert 70 lakhs into crores.

**Step 1: Determining the number in lakhs**

Number in lakhs = 70

**Step 2: Using the lakh to the crore conversion formula**

Crore = Lakh / 100 = 70/100 = 0.7

Thus, 70 lacs = 0.7 cr

**Frequently Asked Questions on Lakh to Crore Conversion**

**How many lakhs are there in 1 Crore?**

There are 100 lakhs in one crore.

**How many crores are there in 1 Lakh?**

There are 0.01 crores in one lakh.

**How to convert numbers from lakhs to crores?**

The number in lakhs can be converted into its equivalent value in crores using the formula, Crore = Lakh/100.

**References:**

- Definition of Lakh Retrieved from “Lakh – Wikipedia“
- Definition of Crore Retrieved from “Crore – Wikipedia“