How many five thousand are there in one lakh.

Hint: To solve this question first of all we will define what are hundreds, thousands and lakhs and then we define the formula of conversion or the relationship in between thousands and Lakhs and then we will proceed to solve this question.

Complete step-by-step answer:
We have to find out how many thousands are there in one lakh.
1 lakh - the cardinal number that is the fifth power of ten. 100000, hundred thousand.
1 thousand is a cardinal number which is 10 times 100.
To find the number of five thousands in one lakh we will divide the number 1lakh by five thousand.
Or we can write the above as,
5000 will divide 100000 to get the number of five thousand in one lakh.
Therefore, we have,
\[\dfrac{100000}{5000}=20\]
Hence the division gave us 20.
Therefore, there are 20 five thousands in one lakh.

Note: The possibility of error in this question can be, you can divide one Lakh by one thousand to get the number of 1000 which would be wrong because we need to determine how many five thousand are there in one Lakh and not a thousand.