Concept:In the Indian numbering system, 1 lakh equals 100 thousand, and 1 crore equals 100 lakh (or 10 million).
Explanation:One hundred lakh means 100 times 1 lakh.
1 lakh = 1,00,000. So 100 lakh = 100 × 1,00,000 = 1,00,00,000.
This value is exactly 1 crore in the Indian system.
Also, 10 million = 1 crore, but 100 lakh is not equal to ten crore (which would be 1,000 lakh).
Thus, one hundred lakh is the same as one crore.
Answer:C. One crore