Place value refers to the value associated with the position or place of a digit in a number. Each digit has a specific value depending on where it is located in the number. For example, in the number 123, the
place value of the digit 1 is 100, the
place value of the digit 2 is 10, and the
place value of the digit 3 is 1. It helps us understand the numerical significance or importance of each digit in a number.
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