### Theory:

Place value can be defined as the value represented by a digit in a number based on its position in the number. Every digit in a number has a place value.
The place value of ones digit is the same unit digit number. The place value of tens digit is the tens digit number times $$10$$. The place value of hundreds digit is the hundreds digit number times $$100$$, and so on.
Example:
We have a number $$423$$.

This can be written in place order as follows:

 Hundreds (H) Tens (T) Ones (O) $$100$$ $$10$$ $$1$$ $$4$$ $$2$$ $$3$$

Place value of $$4 = 4 × 100 = 400$$

Place value of $$2 = 2 × 10 = 20$$

Place value of $$3 = 3 × 1 = 3$$
Use the following tables to find the place value of the larger number:
Periods on Thousands:
 Place value Ten Thousands Thousands Number $$10000$$ $$1000$$ Number of zeros $$4$$ $$3$$
Periods on Lakhs:
 Place value Ten Lakhs Lakhs Number $$1000000$$ $$100000$$ Number of zeros $$6$$ $$5$$
Periods on Crores:
 Place value Ten Crore Crore Number $$100000000$$ $$10000000$$ Number of zeros $$8$$ $$7$$