How to Convert 1 Billion To Rupee

How to Convert 1 Billion To Rupee?

In this article, we will be covering the concept of conversion of 1 billion value in rupees. The term “Billion” sounds like a huge number, but once you can learn the logic behind its conversion to rupees, it will be very easy for you.In this article, we will be covering the concept of conversion of 1 billion value in rupees. The term “Billion” sounds like a huge number, but once you can learn the logic behind its conversion to rupees, it will be very easy for you. 

In our Indian currency rupees, 1 Billion is equivalent to 100 crores or 10,000Lakhs.

1Billion is a natural number that is represented in mathematical terms as 1,000,000,000.

1 Billion= 1,000,000,000 Rupees

  • The successor of 1 billion is  1,000,000,001. 
  • The predecessor of 1 billion is 999,999,999.

To proceed with the conversion, firstly, we have to go through the concept of place values. Place value provides the basis of reorganizing, Multiplication of multiple digits, the concept of the decimal system, and many more. Mostly all the mathematical notions start with understanding the place value concept.

There are two ways of representing the place value of digits in mathematics, namely:

  • Indian System of Numeration
  • International System of Numeration

The position and value of digits in a number are determined by the place value chart, which is different for both Indian and International Numeration systems. So to move ahead with the conversion from Indian to International System of Numeration or vice-versa, firstly, we need to understand place value charts of both the systems.

Place value chart for Indian System of Numeration:

In the Indian System of Numeration, we use:

  • ones
  • tens
  • hundreds
  •  thousands
  •  lakhs 
  •  crores

Commas are used to distinguish thousands, lakhs, and crores. 

  • The first comma is inserted after hundreds of places, i.e. three digits from the right. 
  • The second comma is inserted after two digits, i.e. five digits from the right. It comes after ten thousand places and marks lakh. 
  • The third comma is inserted after the next two digits, i.e. seven digits from the right. It comes after ten lakh place and marks the beginning of crore.

e.g-  15,08, 32,592. 

Placing the digits of this number in place value chart:

CroresLakhsThousandsOnes
Ten CroreCroreTen LakhLakhTen ThousandThousandsHundredsTensOnes
150832592

Place value chart for International System of Numeration:

In the International System of Numeration, we use:

  • ones
  • tens
  • hundreds
  • thousands
  • millions
  •  billions

Commas are used to distinguish thousands, millions, and billions. 

  • One Million is equivalent to a thousand. 
  • It is inserted after every three digits starting from the right. 
  • The first comma marks thousands, the second comma marks millions, and the next comma marks billions.

e.g- 665,150,832,592.

Placing the digits of this number in place value chart:

BillionsMillionsThousandsOnes
Hundred BillionTen BillionBillionHundred MillionTen MillionMillionHundred ThousandTen ThousandThousandsHundredsTensOnes
665150832592

1 Billion Value in Rupees:

The term “billions” is used in the International System of Numeration as per the place value concept. The value of 1 billion in rupees can be written as:

1 Billion = 1,000,000,000 Rupees

We can convert billion into both crores and lakhs. It means that billion can be converted in terms of the value of lakhs and crores according to the Indian System of Numeration.

Zeroes in a Billion:

There are 9 zeroes in a billion.

1 billion can be written as 1,000,000,000.

 Millions is a Billion:

1 billion = 1000 million

Conversion of Billions Into Crores:

By comparing the place value charts of both Indian and International System Of Numeration, we see that to convert billion into crores. We need to multiply the given value billion by hundred crores(100 crores).

1 billion = 1,000,000,000

1 crore = 1,00,00,000.

100 crores= 1,00,00,00,000

Therefore, 1 billion = 100 crores.

e.g.: To convert 8 billion into crores, we have to multiply the digit 8 by 100 crores.

        8 x 100 crores= 800 crores

         8 billion= 800 crores.

Conversion of Billions Into Lakhs:

Again, by comparing the place value charts of both Indian and International System Of Numeration, we see that to convert billion into lakhs. We need to multiply the given value billion by ten thousand lakhs(10,000 lakhs).

1 billion = 1,000,000,000

1 lakh = 1,00,000

10,000 lakh= 1,00,00,00,000

Therefore, 1 billion = 10,000 lakhs

e.g: To convert 4 billions into lakhs, we have to multiply the digit 4 by 10,000 lakhs.

        4x 10,000 lakhs= 40,000 lakhs

         4 billion= 40,000 lakhs

Solved Examples:

Example 1: Convert 9 billion into rupees(both crores and lakhs).

Solution: To convert 9 billion into crores-

We know that:

Relation between Billion and crores:
1 billion = 100 crores

Thus, the value of 9 billion can be calculated in terms of crores as:

9 Billion = 9 x 100 crores

9 Billion =  900 crores= 9,00,00,00,000 Indian Rupees

To convert 9 billion into lakhs-

We know that:

Relation between Billion and lakhs:
1 billion = 10,000 lakhs

Thus, the value of 9 billion can be calculated in terms of lakhs as:

9 Billion =9 x 10,000 lakhs

9 Billion =  90,000 lakhs = 9,00,00,00,000 Indian Rupees

Answer: The value of 9 Billion in rupees is 9,00,00,00,000.

Example 2: Convert 3 billion into crores.

Solution: To convert 3 billion into crores-

We know that:

Relation between Billion and crores:
1 billion = 100 crores

Thus, the value of 3 billion can be calculated in terms of crores as:

3 Billion = 3 x 100 crores

3 Billion =  300 crores= 3,00,00,00,000 Indian Rupees

Answer: The value of 3 Billion in rupees is 3,00,00,00,000.

Example 3: Convert 7 billion into lakhs.

Solution: To convert 7 billion into lakhs-

We know that:

Relation between Billion and lakhs:
1 billion = 10,000 lakhs

Thus, the value of 7 billion can be calculated in terms of lakhs as:

7 Billion = 7 x 10,000 lakhs

7 Billion =  70,000 lakhs = 7,00,00,00,000 Indian Rupees

Answer: The value of 7 Billion in rupees is 7,00,00,00,000.

Example 4: Convert 8.5 billion into rupees.

Solution: To convert 8.5 billion into rupees-

We know that:

Relation between Billion and crores:
1 billion = 100 crores

Thus, the value of 8.5 billion can be calculated in terms of rupees as:

8.5 Billion = 8.5 x 100 crores

8.5 Billion =  850 crores= 8,50,00,00,000 Indian Rupees

Answer: The value of 8.5 Billion in rupees is 8,50,00,00,000.

Practice Questions:

Solve the following –

1. Express 5.9 billion in rupees.

2. Find out the value of 6 billion in crores as well as lakhs.

3. Find out the value of 3.2 billion in rupees

 Billion in Rupees Conversion: Quick Quiz

Q: Specify the value of 1 billion in Indian currency.

A: The term ‘BILLION’ is used in the International System of Numeration. After converting it into Indian rupees, its value comes out to be 1,00,00,00,000.

Q: Express 2.8 billion in crores.

A: The value of 2.8 billion in rupees is 260 crores.

Q: How many lakhs are equivalent to 2 billion?

A: The value of 2 billion in terms of lakhs is 20,000lakhs.

Conclusion

Hope, you now understand how to convert 1 Billion in Rupees. Practice the solved questions along with practice questions to grasp the knowledge of this concept. Once you understand the logic behind this conversion, you can solve such questions at your fingertips.

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