What are commonly used units of measuring storage? Bit Bit is a short for Binary Digit. 0 and 1 are the only binary digits. Bit is the smallest unit of measuring storage capacity. A bit can hold a 0 or 1. Byte A combination of 8 bits is called a Byte. A byte can hold one character. 1 Byte = 8 bits Kilobyte (KB) 1024 bytes make one kilo byte. Kilo Byte is denoted by KB. 1 KB = 1024 Bytes Megabyte (MB) 1024 Kilo bytes make one mega byte. Mega Byte is denoted by MB. 1 MB = 1024 KB Gigabyte (GB) 1024 mega bytes make one Giga byte. Giga Byte is denoted by GB. 1 GB = 1024 MB Terabyte (TB) 1024 Giga bytes make one Tera byte. Tera Byte is denoted by TB. 1 TB = 1024 GB Petabyte (PB) 1024 Tera Bytes make one Peta byte. Peta Byte is denoted by PB. 1 PB = 1024 TB Exabyte (EB) 1024 Peta bytes make one Exa byte. Exa Byte is denoted by EB. 1 EB = 1024 PB
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