definition of Indian place value system
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The Indian place value chart is a chart which is used to find the value of each digit in a number based on its position. In order to read and write numbers, we use the following Indian Place Value Chart. In this chart, the nine places are grouped into four periods: Ones, Thousands, Lakhs and Crores.
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In the Indian system of numeration, starting from the right, the first period is ones, consisting of three place values (ones, tens, and hundreds). The next period is thousands, consisting of two place values (thousands and ten thousands).
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