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1 lakh = 1,00,000 units

so 1.5 Lakh = 1,50,000 units or in US it would be 150,000

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12y ago

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Lakhs is a term used in India and Pakistan. One lakh is 100,000 so 15 lakhs = 1,500,000. (One and a half million). Therefore there are 1500 thousands in 15 lakhs.


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What is the answer for A company have a margin of safety of 40 lakhs and earns an annual profit of 10 lakhs If the fixed cost amount to 20 lakhs annual sales will be how much?

The margin of safety is the difference between actual sales and break-even sales. With a margin of safety of 40 lakhs and fixed costs of 20 lakhs, the break-even point can be calculated by adding the fixed costs to the profit: 20 lakhs + 10 lakhs = 30 lakhs. Therefore, the annual sales would be break-even sales plus the margin of safety: 30 lakhs + 40 lakhs = 70 lakhs. Thus, the annual sales amount to 70 lakhs.