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Answer: To get a value of 1 million US dollars in INR, we need to know how many is one million. The standard value of 1 million globally includes a six zeroes figure. And to get a value in decimal form, we can say 1 * 106 ,which equals 1,000,000.
In the Indian counting system, any decimal figure with six zeros is considered in lakhs, which means that 1 million in Indian rupees is equal to ten lakhs.
As per the question, we need to calculate the value of 1 million US dollars in crores in Indian rupees per the given conversion rate(means 1 dollar is equivalent to how many Indian rupees), which is one US dollar equals 65 Indian rupees.
As we have calculated that 1 million is ten lakhs in Indian counting, which is 1,000,000, and 1 us dollar equals 65 Indian rupees, then we will multiply 1,000,000 by 65, and then we will get the value of 1 million us dollars in crores which will be in INR.
Mathematical representation: 1,000,000*65 = 65,000,000 INR
Calculating the above value, we can see that when 1 million us dollars, which is $1,000,000, is multiplied by 65, which is equivalent to 1 us dollar, we get 65,000,000. So if we count it according to Indian counting and get to the answer to the question, it means that 1 million us dollars is equivalent to 6.5 crore Indian rupees.
So, the answer to the question as per the given values is that 1 million us dollars = 6.5 crore Indian rupees if one us dollar = 65 Indian rupees.
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