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Unit in the Indian numbering system equal to 100,000
A lakh (abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand . In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000. For example, in India, 150,000 rupees becomes 1.5 lakh rupees, written as ₹1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanma... Wikipedia