The ten lakhs fall under which period?

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Crores

Lakhs

Thousands

Millions

answer is B.

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Detailed Solution

Concept- Recall the several periods that make up the Indian number system. Then indicate under which period ten lakhs belongs in.
To represent numbers, various numbering systems are used. The most popular and frequently utilised numbering systems are the International Numbering System and the Indian Numbering System.
The numbers are divided into groups of three digits in the international numbering system, and each group is given a period name, such as the one period, thousands period, millions period, etc.
Different periods, such as ones, thousands, lakhs, and crores, are employed in the Indian numbering system. Ones (1), tens (10), hundreds (100), thousands (1,000), ten thousand (10,000), lakhs (1,000,000), ten lakhs (1,000,000), crores (1,000,000), ten crores (1,000,000), and so forth are included.
The first period, often known as the ones period, is made up of the number's first three digits from the right.
The next two digits of the number combine to form the second period, often known as the thousands period.
The next two digits of the number combine to produce the third period, also known as the lakhs period.
The following two digits of the number make up the fourth period, also known as the crores period.
Additionally, we must use commas to separate each period after it.
Therefore, we can say that lakhs are part of the Indian numbering system.
Ten lakhs therefore fall under the lakhs period, the third period of the Indian numbering system.
Hence, option 2 is correct.

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