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  2. Indian numbering system - Wikipedia

    en.wikipedia.org/wiki/Indian_numbering_system

    The Indian numbering system corresponds to the Western system for the zeroth through fourth powers of ten: one (10 0), ten (10 1), one hundred (10 2), one thousand (10 3), and ten thousand (10 4). For higher powers of ten, the names no longer correspond. In the ancient Indian system still in use in regional languages of India, there are words ...

  3. Lakh - Wikipedia

    en.wikipedia.org/wiki/Lakh

    [1] [2] In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. [3] 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 , Myanmar , Nepal , Pakistan , and Sri Lanka .

  4. Time value of money - Wikipedia

    en.wikipedia.org/wiki/Time_value_of_money

    Time value of money. The present value of $1,000, 100 years into the future. Curves represent constant discount rates of 2%, 3%, 5%, and 7%. The time value of money refers to the fact that there is normally a greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later ...

  5. Digit sum - Wikipedia

    en.wikipedia.org/wiki/Digit_sum

    Digit sums and digital roots can be used for quick divisibility tests: a natural number is divisible by 3 or 9 if and only if its digit sum (or digital root) is divisible by 3 or 9, respectively. For divisibility by 9, this test is called the rule of nines and is the basis of the casting out nines technique for checking calculations.

  6. Rupee sign - Wikipedia

    en.wikipedia.org/wiki/Rupee_sign

    The rupee sign " ₨ " is a currency sign used to represent the monetary unit of account in Pakistan, Sri Lanka, Nepal, Mauritius, Seychelles, and formerly in India. It resembles, and is often written as, the Latin character sequence "Rs", of which (as a single character) it is an orthographic ligature. It is common to find a punctuation mark ...

  7. Elementary arithmetic - Wikipedia

    en.wikipedia.org/wiki/Elementary_arithmetic

    The sum of two numbers is unique; there is only one correct answer for a sums. [8] When the sum of a pair of digits results in a two-digit number, the "tens" digit is referred to as the "carry digit". [9] In elementary arithmetic, students typically learn to add whole numbers and may also learn about topics such as negative numbers and fractions.

  8. History of the rupee - Wikipedia

    en.wikipedia.org/wiki/History_of_the_rupee

    The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas.

  9. Discounting - Wikipedia

    en.wikipedia.org/wiki/Discounting

    The discount, or charge, is the difference between the original amount owed in the present and the amount that has to be paid in the future to settle the debt. [1] The discount is usually associated with a discount rate, which is also called the discount yield. [1][2][4] The discount yield is the proportional share of the initial amount owed ...