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Is K or M bigger?

Why is there such a difference in terms when they basically mean the same thing? K comes from the Greek world "kilo" which means one thousand and is used in metric / decimal systems. The corresponding prefix for one million is M. An amount in the accounting and financial world shown as $14K would equate to $14,000.00.

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Have you noticed... that the print / mailing / marketing services world uses "M" in their pricing quotes while the financial world uses "K" and each one means "per thousand?

In the marketing and data world, "M" stands for per thousand records of data. In the print world, it would stand for per thousand sheets of paper, or other print functions like inserting, or completed print pieces. Many manufacturers also use "M" in their per unit pricing. M and MM are Roman numerals where M stands for "one thousand" and MM is intended to denote "one thousand thousands"or "one million". A quote for mailing services would commonly show as $ /M. For example, a cost quoted as $25/M would equate to $25 for every thousand pieces. It has its roots in the British Imperial System using Roman numerals and can also be referred to as USCS (US Customary System). CPM - Cost Per Thousand (M=1,000) - is a marketing advertising term referring to the cost usually referred to for internet pricing. For example, the cost of a Google or Facebook ad might show as $10 CPM, meaning $10 for every thousand times your ad appears. CPC means "cost per click".

The financial world uses "K" when referring to "per thousand dollars". Why is there such a difference in terms when they basically mean the same thing?

K comes from the Greek world "kilo" which means one thousand and is used in metric / decimal systems. The corresponding prefix for one million is M. An amount in the accounting and financial world shown as $14K would equate to $14,000.00. It is entirely possible when dealing with a vendor that both terms could be used in the same sentence: An example would be a marketing quote for 80,000 records of data for a list order or pertaining to a large print order:

$45/M x 80 = $3.6k ($3,600.00)

One answer I came across as to why some industries uses USCS and not metric is that when the industrial revolution happened, measurements were based on the imperial system and as time went on, it was too cost prohibitive to change. Industries dealing with science, technology or those with international business would likely use metric. Otherwise, I can't really find an answer as to why these two professions use different ways of of expressing "per thousand". Trust me though -- it makes a big difference when talking with various vendors for services. It's good to understand that these differences exist.

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What does 98000 mean?

= 98000. = Ninety-eight thousand.

98000 in Words

98000 in words is written as “Ninety-eight thousand”. For example, the cheque of Rupees 98000 is given by Rupees Ninety-eight thousand only. In Mathematics, 98000 is a cardinal number, that represents the quantity or value of something.

98000 in Words Ninety-eight thousand Ninety-eight thousand in Numbers 98000

98000 in English Words

The number 98000 in English words is given by:

How to Write 98000 in Words?

98000 is a five-digit number that can be written in words, using a place value chart. The position of each digit in 98000 can be identified by this chart.

Ten thousands Thousands Hundreds Tens Ones 9 8 0 0 0

We can see, from the above table,

9 → Ten thousand

8 → Thousand

0 → Hundred

0 → Tens

0 → Ones

Hence, when we read the number from right to left in the table, it is spelt as Ninety-eight thousand. Learn more about Numbers In Words at BYJU’S.

Expanded Form of 98000

We can write the expanded form as:

9 × Ten thousand + 8 × Thousand + 0 × Hundred + 0 × Ten + 0 × One = 9 × 10000 + 8 × 1000 + 0 × 100 + 0 × 10 + 0 × 1

= 98000

= Ninety-eight thousand

About the Number 98000

98000 is the natural number that is succeeded by 97999 and preceded by 98001. Learn more about the number 98000 below:

98000 in Words – Ninety-eight thousand

Is 98000 an odd number? – No

Is 98000 an even number? – Yes

Is 98000 a perfect square number? – No

Is 98000 a perfect cube number? – No

Is 98000 a prime number? – No

Is 98000 a composite number? – Yes

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