Correct Answer - Option 1 : 4900
Given:
Number is 2703
Calculation:
Place value of 7 in 2703 is 700
Face value of 7 in 2703 is 7
∴ Required product = 700 × 7 = 4900
The product of the place and face value of 7 in 2703 is 4900.
Face value is simply defined as the digit itself within a number.
The place value of a digit should be multiplied by the digit value of the position where it is located.