Question

1 lakh = ___________ Thousand.

Answer 1

Hint: Basic details of the required numbers:
> Ten times of one is equal to ten. $10\times 1=10$
> Ten times ten is equal to hundred. $10\times 10=100$
> Ten times of hundreds is equal to a thousand. $10\times 100=1000$
> Ten times of thousands is equal to ten thousand. $10\times 1000=10000$
> Ten times of ten thousand is equal to one lakh. $10\times 10000=100000$

Complete step by step solution:
As given in the hint one lakh is made of several thousands.
1 Lakh = 100000
The very same way how everything is multiple of one. If x is divisible by y then we can say x is made of several y’s.
Per say $10$ is divisible by $2$ which says $10$ is made of several 2’s. To be exact $10$ is made of $5$ twos, as $5\times 2=10$.
The very same way one lakh consists of several thousand as one lakh is divisible by thousand.
$100000÷1000=100$, which says 100 times thousand is equal to one lakh.
Which implies one lakh consists of hundred thousand.
Therefore, $$1$$ lakh $=$ $100$ Thousand.

Note:
> This is how multiplication and division work; multiplication means how many times the same number is added to itself.
> For example, ten times hundred is equal to thousand as hundred is added ten times by itself it results to thousand.
> Division is basically telling how many times the bigger number consists of the smaller number. Per say thousand divided by hundred says thousand is made of ten hundred.