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Discover why "K" represents 1000 in finance. Learn its origins, usage, and context to enhance your understanding of monetary discussions. 100k means 100,000 and "k" stands for kilo, a Greek word for thousand. Learn how 100k is used in finance, social media, sales, goals and more. Well, the answer is simple: brevity and ease of comprehension. “K” is shorthand for “thousand,” derived from the Greek word “chilioi,” meaning thousand. Think of it as a universally understood abbreviation, making large numbers less intimidating and easier to process quickly. It’s a shorthand way of expressing large sums of money without writing out all those extra zeros. So, 10K doesn’t mean ten rupees; it means 10,000 rupees. Similarly, 100K translates to 100,000 rupees, and 1,000K equals 1,000,000 rupees or 10 Lakh (1 million) rupees.
