Topic summary
Lakhs

Extracted from the Wikipedia article Lakh.
Usage
In Indian English, the word is used both as an attributive and non-attributive noun with either an unmarked or marked ("-s") plural, respectively. For example: "1 lakh people"; "lakhs of people"; "20 lakhrupees"; "lakhs of rupees". In the abbreviated form, usage such as "₹5L" or "₹5 lac" (for "5 lakh rupees") is common. In this system of numeration, 100 lakh is called one crore and is equal to 10 million.