In the hundreds place, the digit "3" represents a value of 300. In the decimal system, each place value represents a power of 10, with the hundreds place being 10^2 or 100. Therefore, when the digit "3" is in the hundreds place, it signifies three hundreds, or 300.
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It mean describe the place that the number is in. For example you have 54,325, and you have to identify the place value for the three you would say the place value of the three is hundreds because it is in the hundreds place.
The number is three hundred eighty-two. Therefore, the 3 is in the hundreds place.
241242243
Three units. The number is five hundreds, two tens and three units.
299