Answer: 1K = 1000 Rs
1K stands for 1000. It implies that the constant numeric value has to be multiplied by 1000 to substitute K.
Assume that the cost of a car is Rs 900k.
The constant numeric value is 900 which implies that
⇒ 900 x1000
= Rs 900,000
So the price for a car is Rs 900,000/—