One lakh sixty thousand rupees convert it into numbers
The system of Numeration is writing symbols in order to indicate the numbers, which means mathematical notation for expressing numbers of a given set while employing a set of digits, symbols, etc. in a consistent manner. The commonly used writing system in India to express numbers is the Indian place value chart. During the early ages, before the invention of numbers, people used stones, pebbles, and sticks to represent numbers and for counting things. But then it was found necessary to find and adopt a particular Standard counting system. This helped simplify writing complex long numbers.
There are 2 different number systems: the Indian number system and the international number system. The Indian Number System or Indian system of Numeration is adopted for writing numbers in India. In this system, 10 symbols are invented and represent the numbers. The 10 symbols in Indian numeral systems are 0, 1, 2, 3, 4, 5, 6, 7, 8, and 9. This is also referred to as the Indian counting system. In the Indian Number system, tens, thousands, lakhs and crores are used for representing numbers.
Now, let us take an example, the same sequence of symbols may express different numerical features in different systems.
As per the Indian Numeral system, one lakh and crores are represented as
1,00,000= 1 Lakh
1,00,00,000 = 1 crore
The mathematical way of representing the numbers of a given set is by using digits or symbols.
Thus, one lakh sixty thousand rupees can be expressed as 1,60,000.