No number is known as the place value number. Rather it is the system of numbering used whereby a particular digit will change its value depending on its position within the number.
eg;
200 and 2,000.
The 2 in the first number has a value of two hundred while in the second it has a value of two thousands. It depends where in the positional notation the number is that assigns its value.
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In the number 4,567, the place value of the 4 is in the hundreds place. In the place value system, each digit's position determines its value based on powers of 10. The hundreds place represents the digit's value multiplied by 100.
It is because last time they had no place value.... It was not made up then
Because the place value for each digit is ten times the place value of the digit to its right.
In the number 3524607, the value of 5 is 5,000. This is because 5 is in the thousands place, which means it represents 5,000 when considering the place value system. The place value of digits in a number determines their actual value within the number.
The defining property of the decimal number system is that the place value of each digit is ten times the place value of the digit to its right.