Yes, that is the meaning of the slang.
Yes. 1,200 (one thousand two hundred) = 12 multiplied by 100 or twelve one hundreds. Instead of saying, "one thousand two hundred" people have shortened it by saying, "twelve hundred."
Yes, it's two different ways of saying the same thing.
six thousand and four hundred. Because you have six thousand and four hundred dollars the same as saying the number out loud.
No. Twenty five hundred thousand is 2,500,000 or two million five hundred thousand.
I'm not sure why, but the same usage follows with saying 'two hundred' and 'two thousand'.
Yes
Eight hundred thousand is the same as eight lakhs!
In Spanish, 10500 is written diez mil quinientos. This is the same as saying ten thousand five hundred in English.
Nine thousand five hundred means the same as 95 hundred.
sure is
"20 hundred" would never show up in a proper reading of numbers,because "20 hundred" is the same as "two thousand", and it wouldbe read that way.So, "20 thousand 20 hundred" is the same thing as "22 thousand",and it's written22,000
Nope ! A million is ten times BIGGER than one hundred thousand.