Understand the Meaning of K at the Price of 10K, How is it Different from 10M, 10B, and 10T?

KOMPAS.com – The letter K is often used in online shop catalogs to today’s cafes or restaurants. For example the price on display is 10K, what the meaning of K at a price of 10K?

In addition to 10K, there is also writing the price with other letters such as 10M, 10B, or 10T. The meaning of M in price 10M is, of course, different from the intended use of letters B and T in money.

Practical, information about meaning B in price important to know, as well as meaning of T in money which often arouses curiosity.

Also read: Why 100K means IDR 100,000? Understand the Origin of the Meaning of K in Price

The meaning of K in price is in lieu of thousands. In other words, 1K means 1,000 or if in rupiah currency it means 1K is Rp. 1,000.

As a result, it is clear that the meaning of K at the price of 10K is 10,000 or Rp. 10,000. This also applies to the collaboration of the letter K with other numbers, for example 100K means 100,000 or Rp. 100,000 and 200K means 200,000 or Rp. 200,000.

Quoted from Merriam-Webster, the K unit stands for kilo. Kilo is a unit of measurement in the International System of Units or SI (Système international d’unités).

Also read: Check the length of IDR and K, what’s the difference with the meaning of M in the price?

There are kilometers as a unit of distance, then kilograms as a unit of weight. In grades, kilo is equal to 1,000 grams and 1,000 meters. The word kilo comes from the Greek “chilioi” which is used to express many or plural.

The use of K for the abbreviation thousand dates back at least to the mid-1940s. Records showing K as a thousand are in McGraw-Hill’s 1945 textbook Basic Electrical Engineering textbook glossary.

Two years later, electronics company Radio Corporation of America (RCA) included K in its glossary, Common Words in Radio, Television, & Electronics. That is the origin of the meaning of K in price.

The meaning of the letters M, B and T in money

It should be noted that the meaning of K and M in price is different. Likewise with the intent of using the letters B and T in money, which is also not the same as meaning of M in price.

Also read: IDR is the currency of Indonesia, what is the difference between IDR and IDR?

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