Yes, it certainly is.
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To convert hundreds to thousands, you divide by 10 since there are 10 hundreds in a thousand. Therefore, 80 hundreds divided by 10 equals 8 thousands. So, 80 hundreds is equal to 8 thousands.
8 thousands
8
89,275 80,000 = 8 x 10,000 7,000 = 7 x 1,000 2,200 = 22 x 100 70 = 7 x 10 5 = 5 x 1
80