Difference Between Place Value and Face Value

From the definition, we know place value states the position of a digit in a given number, whereas face value describes the value of the digit.

Let us take an example of a number say, 2456. Check the table below to understand the difference.

Place Value Through The Millions

The digits in large numbers are in groups of three places. The groups are called periods. Commas are usually used to separate the periods.

Let us take an example of a number, 71502700. Check the position of each digit in the given table below.