200 thousands.
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There are 100 ten thousands in a million.
There are ten (10) 100 thousands in a million.
There are 10 hundred-thousands in a million.
In the context of numerical notation, leading zeroes are typically ignored, so "02" is equivalent to simply "2." Therefore, the number "02" does not represent any thousands; it is simply the number 2.
250 thousands are in 1/4 million.