it means you are spending 1,000 on a ring.
1000
1k=1ooo 2k=2ooo 3k=3000 .......and so on.......
1k = 1000 dollars! This means 10k = 10,000
1k means 1,000 gp how can you not know.... used the main word k in "1k" kilo is what it means and 1 kilo is 1 thousand.
1000 $
$ 1000
If by 1k you mean 1 kilogram (kg) then:1 kg = 1000 g
1 million rupees
If you mean in words, one thousand.
My understanding is that 2K means 2,000, like 1K means 1,000 and so on. Also .2K means 200 and .1K means 100.
1K
1k = 1000500k = 5 00 000