React js Convert Number to Lakh or Crore

<!DOCTYPE html>
<html>

<body>
  <div id="app"></div>
  <script src="https://unpkg.com/react@17.0.2/umd/react.development.js"></script>
  <script src="https://unpkg.com/react-dom@17.0.2/umd/react-dom.development.js"></script>
  <script src="https://cdnjs.cloudflare.com/ajax/libs/babel-standalone/6.26.0/babel.min.js"></script>
  <script type="text/babel">
    function App() {
      function formatNumber(number) {
        if (number >= 10000000) {
          return (number / 10000000).toFixed(2) + ' Cr';
        } else if (number >= 100000) {
          return (number / 100000).toFixed(2) + ' Lakh';
        }
        return number.toString();
      }
      return (
        <div className='container'>
          <h3>React Convert Number to Lakh or Crore</h3>
          <p>{formatNumber(150000)}</p>
          <p>{formatNumber(12345678)}</p>
          <p>{formatNumber(123456789)}</p>
          <p>{formatNumber(12345)}</p>
        </div>
      );
    }

ReactDOM.render(<App />, document.getElementById('app'));
  </script>
  <style>
    .container {
      margin: 0 auto;
      width: 400px;
      text-align: center;
      box-shadow: 0 1px 2px 0 rgba(0, 0, 0, 0.12), 0 2px 4px 0 rgba(0, 0, 0, 0.24);
      padding: 20px;
    }
  </style>
</body>

</html>