Place Value

🔹 What Is Place Value?

Place value means that the position of a digit in a number tells us how much it’s worth.

In the number 5,482, the digit 5 does not mean just five. It means five thousand, because it's in the thousands place.

💡 Why Is It Important?

Place value helps us:

• Read and write large numbers
  
  

• Compare numbers (greater than or less than)
  
  

• Break numbers apart to add or subtract more easily
  
  

• Understand rounding, estimating, and decimals
  
  

🧠 Clue to Remember

Each place is ten times bigger than the one to its right.
When reading a number, always start from the right side.

Example: In the number 5,482

• The 2 is in the ones place → it means 2
  
  

• The 8 is in the tens place → it means 80
  
  

• The 4 is in the hundreds place → it means 400
  
  

• The 5 is in the thousands place → it means 5,000
  
  

So:
5,482 = 5,000 + 400 + 80 + 2

✏️ Face Value vs Place Value

• Face Value means the digit itself (example: the face value of 8 is just 8)
  
  

• Place Value means digit × position value (example: 8 in the tens place = 80)
  
  

🧩 Common Mistake

Students often mix up face value and place value.
Always ask:

“Where is the digit sitting? What place is that?”

🔍 Real-Life Clue

If a price tag shows “2” in the hundreds place,
it means the item costs two hundred — not just two.

❓ Quick Question

What is the place value of 3 in the number 3,627?

👉 It’s 3,000 (because 3 is in the thousands place)

🔒 Want More?

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