Fill in the blanks:
700 thousand =__________lakh

Answer

To solve the question "700 thousand = ________ lakh", we need to convert the number from thousands to lakhs.

### Step-by-Step Solution:

1. **Understand the Value of 700 Thousand**:
- 700 thousand means 700,000.

2. **Convert Thousands to Lakhs**:
- We know that 1 lakh is equal to 100,000.
- To find out how many lakhs are in 700,000, we can divide 700,000 by 100,000.

3. **Perform the Division**:
- \( 700,000 \div 100,000 = 7 \)

4. **Write the Answer**:
- Therefore, 700 thousand is equal to 7 lakh.

### Final Answer:
700 thousand = **7 lakh**

---