They also discovered that the oldest written record of the use of LOL in the contemporary meaning of Laughing Out Loud was from a message typed by Wayne Pearson in the 1980s, from the archives of Usenet.
But with rising income levels this needs to change. With inflow of Dollars, income level is now easily in the crore bracket. With American influence in most spheres in our life, the terms âgrand, million, billion, trillionâ are also fast becoming a part of our collective lingo. Note: A billion (bi meaning two) has twice as many zeros as a million, and a trillion (tri meaning three) has three times as many zeros as a million, etc. So now: One Lakh has 5 zeros. Ten Lakh or one Million has 6 zeros. 1 Crore or Ten Million has 7 zeros.
The presence of zero makes a difference between the two types of systems. When one studies these types of systems many question arise and they have to be answered. One of the questions is that in 1 crore how many millions can be there. For this question to be answered one must understand what is a crore and what is a million and only then this question can be answered. The difference is only in the number of zeros and this makes the whole difference in the value.