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  2. Exchange rate history of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_history_of...

    This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.

  3. Missing dollar riddle - Wikipedia

    en.wikipedia.org/wiki/Missing_dollar_riddle

    The actual solution to this riddle is to add correctly (correct time, correct person and correct location) from the bank point of view which in this case seems to be the problem: First day: $30 in the bank + $20 owner already withdrew = $50. Second day: $15 in the bank + ($15 + $20 owner already withdrew) = $50.

  4. Crore - Wikipedia

    en.wikipedia.org/wiki/Crore

    Crore. A crore ( / krɔːr /; abbreviated cr) denotes ten million (10,000,000 or 10 7 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000). [ 1]

  5. Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Indian_rupee

    Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.

  6. Lakh - Wikipedia

    en.wikipedia.org/wiki/Lakh

    A lakh ( / læk, lɑːk /; abbreviated L; sometimes written lac[ 1]) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation : 10 5 ). [ 1][ 2] In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. [ 3]

  7. Wheat and chessboard problem - Wikipedia

    en.wikipedia.org/wiki/Wheat_and_chessboard_problem

    This is equal to the square of the number of grains on the first half of the board, plus itself. The first square of the second half alone contains one more grain than the entire first half. On the 64th square of the chessboard alone, there would be 2 63 = 9,223,372,036,854,775,808 grains, more than two billion times as many as on the first ...

  8. Coins of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Coins_of_the_Indian_rupee

    These included ₹1/2 , ₹1/4 , 2 anna, 1 anna, 1/2 anna & 1 pice coins, and are referred to as the anna series or pre-decimal coinage. Under the anna series, one rupee was divided into 16 annas or 64 pice, with each anna equal to 4 pice. In 1957, India shifted to the decimal system, though for a short period of time, both decimal and non ...

  9. Break-even point - Wikipedia

    en.wikipedia.org/wiki/Break-even_point

    The Break-Even Point. The break-even point (BEP) in economics, business —and specifically cost accounting —is the point at which total cost and total revenue are equal, i.e. "even". In layman's terms, after all costs are paid for there is neither profit nor loss. [ 1][ 2] In economics specifically, the term has a broader definition; even if ...

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