Which of the following statements is INCORRECT ?

1
Eighty 25-paise coins and one hundred sixty 50-paise coins is equivalent to \(\frac{1}{5}\) part of a 500-rupee note.
2
Two hundred 500-rupee notes are equivalent to Rs. 1 lakh
3
Two thousand 200-rupee notes are equivalent to Rs. 40 lakh
4
Eighty 50-paise coins and one hundred sixty 25-paise coins is equivalent to Rs. 20 less than Rs. 100
5
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