Finance, Forex and Investments

what is the meaning of Rs 2.0 Lacs in connection with India currency?

Public Comments

1. Rs. 2.0 lacs = 200,000 Rupees Lacs is short for LAKHS , Its an Indian term for counting hundred thousand.... To convert , just go to xe dot com and do your calculations.
2. 2 lakhs in Indian style. 2,00,000 2 lakhs in US style: 200,000 (Two hundred thousand) 2 lakhs is equals to US$ 5,000 (app. as per 31st March 08 rate) 1us$=Rs.40
3. 2.0 lacs is Rs. 200000 ( 200 thousands) 1$ = approx 40 Rs.