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Answer: The answer to this question is 100 thousand make up as 1 Lakh. According to Indian Rupee lakh and crore are expressed as the following: –
Lakh – 1,00,000
Crore – 1,00,00,000
By dividing one lakh by a thousand one can know how many thousands are there in 1 lakh.
Therefore, 1,00,000/1000 = 100
Thus, 100 thousand make up 1 lakh.