What is Place Value?
In math, every digit in a number has a place value.
Place value can be defined as the value represented by a digit in a number on the basis of its position in the number.
Here’s an example showing the relationship between the place or position and the place value of the digits in a number.
In 13548, 1 is in ten thousands place and its place value is 10,000,
3 is in thousands place and its place value is 3,000,
5 is in hundreds place and its place value is 500,
4 is in tens place and its place value is 40,
8 is in ones place and its place value is 8.
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Algebra and Functions