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Market basics
A hundred thousand rupees. ₹1 lakh = ₹100,000. Starting capital on a backtest is often written this way.
₹1 lakh = ₹1,00,000 = 100 thousand rupees; 100 lakh = 1 crore
₹5 lakh is ₹5,00,000 (five hundred thousand rupees).
A hundred thousand rupees. ₹1 lakh = ₹100,000. Starting capital on a backtest is often written this way.
₹1 lakh = ₹1,00,000 = 100 thousand rupees; 100 lakh = 1 crore. ₹5 lakh is ₹5,00,000 (five hundred thousand rupees).