When we write a decimal number with three places, we are representing the thousandths place. Each part in the given figure represents one-thousandth of the whole.
It is written as \(\frac{1}{1000}\). In the decimal form it is written as 0.001. It is read as zero point zero zero one.
Let us represent \(\frac{125}{1000}\).
In the given figure 125 parts of 1000 equal parts are colored. We write this as 0.125 in decimal form, where 1 represents 1 tenths, 2 represents 2 hundredths and 5 represents 5 thousandths. So, in the place-value chart 1 is written in the tenths column, 2 is written in the hundredth column and 5 is written in the thousandth column.
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