One billion is equal to 100 crores.
Explanation
- A billion in the international numbering system is 1,000,000,000 (one followed by nine zeros).
- In the Indian numbering system, one crore equals 10 million (10,000,000).
- Therefore, 1,000,000,000÷10,000,000=1001,000,000,000\div 10,000,000=1001,000,000,000÷10,000,000=100 crores.
- The formula to convert billion to crore is:
Number in crore=Number in billion×100\text{Number in crore}=\text{Number in billion}\times 100Number in crore=Number in billion×100
This means 1 billion is 100 crores in Indian terms.