Question

According to Indian rupee, $1K$ is equal to how many rupees?

Answer 1

Compute the required value:

The letter $K$ which is commonly used following numbers usually stands for ‘a thousand’

This is a counting abbreviation that is put after numbers to make the counting easier.

$1K$ stands for ‘a thousand’ $\Rightarrow$the numerical value preceding $K$ has to be multiplied with $1000$ to substitute $K$

$\therefore 1K=1\times 1000=Rs.1000$

Hence, according to Indian rupee $1K$ is equal to $Rs.1000$