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Place value is the category the number the digit is in. For example, take 123. The 1 is worth one hundred, the 2 is worth 20 and the 3 is worth 3.

Actual value is the number itself in that position. So, as an example, "What digit is in the hundreds place of the number 123?" The answer would be 1.

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Q: What is difference between place value and actual value?
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