**Indian Place Value Chart**

Place value tells us the
value of each digit in a numeral based on its position. A place value chart
helps us to recognize large numbers. We read the place value chart from right
to left. In the Indian system, we start grouping the number from right in the
first group of 3 and then in a group of 2. The place value chart has been
separated into groups called periods that is ones, thousands, lakhs and crores.

Let’s read this number
according to the Indian Place Value Chart.

7,56,241 – Seven lakh
fifty-six thousand two hundred forty-one

3,23,50,006 – Three crore
twenty-three lakh fifty thousand six

**International Place Value
Chart**

The place value chart
which is used in most of the countries of the world is called the International
Place Value Chart. To understand the place value of each digit, we put the
number in place value chart so that we can identify each digit. In the
international system, we start grouping the number from right in the group of
3, called period and we put comma or space after each period to make the number
easily readable.

Let’s read this number according to the
international Place Value Chart.

27,987,453 – Twenty-seven million nine hundred
eighty-seven thousand four hundred fifty-three

400,000,256 – Four hundred million two hundred fifty-six

**Comparison of Indian and International
Number Systems**

Let’s compare the two number systems:

From the above comparison table,
we observe that

100 thousands = 1 lakh

1 million = 10 lakhs

10 millions = 1 crore

100 millions = 10 crores