Value – Definition, Examples, Charts
Created on Dec 25, 2023
Updated on January 13, 2024
Welcome to another exciting journey with Brighterly, where we light up the world of mathematics for our young learners! Today, we dive into the fascinating world of Value. Value is not just a simple term or a mere number. It’s a powerful concept that forms the backbone of not just mathematics, but also various other fields like economics, finance, and more. It’s the numerical essence that helps us quantify and understand the world around us.
In this enlightening post by Brighterly, we will unravel the mysteries of value, making them as clear as a sunny day. We will explore its different aspects, each unique yet interconnected. We will journey from the basics to more complex applications, all the while keeping things fun and engaging. Our path will be marked with detailed examples, visually appealing charts, and handson activities to make the learning experience more interactive and impactful.
So, strap in and get ready for this mathematical adventure with Brighterly. By the end of this journey, you will not only understand what value is but also appreciate its significance and application in everyday life!
What is Value?
In mathematics, value refers to the worth or numerical representation of an object, quantity, or expression. It can be a simple numeric figure, such as the number “5,” or a more complex calculation, like the result of 2+3. The value is the ultimate outcome of an operation or the distinctiveness of a number. For example, in the equation 2+3=5, “5” is the value. Value can also be seen in the form of measurements, such as the length of a string or the volume of a water bottle. It’s the backbone of mathematics, underpinning everything from basic arithmetic to complex calculus.
Place Value
Place value is a positional system of notation that uses base ten. Each digit in a number has a specific value, depending on its position. For example, in the number 345, the value of ‘3’ is 300, ‘4’ is 40, and ‘5’ is 5. The value of each digit increases by a factor of ten as we move from right to left. It’s the cornerstone of our number system and allows us to write numbers efficiently.
Face Value
Face value is the value that a digit has in its own right, without considering its place in the number. For instance, in the number 345, the face value of ‘3’ is 3, ‘4’ is 4, and ‘5’ is 5. It’s an inherent characteristic of a digit and remains constant, irrespective of its position.
Value
Value is the essence of numbers and mathematical operations. It’s the backbone of our understanding of the mathematical world. Whether it’s a simple addition or subtraction, a complex equation, or a geometric figure’s area, everything comes down to value. It’s the final outcome of any operation or the inherent worth of a number or quantity.
You can find the answers and more practice questions in our Understanding Value in Mathematics Practice Worksheets.
Value Table
A value table is a structured way to understand the value of different numbers or expressions. It presents the data in rows and columns, where each cell represents a unique value. For example, a value table for the function y=x^2 might look like this:









This table shows how the value of y changes with different values of x.
Examples on Value
Let’s look at some examples to understand the concept of value better.

Value in Addition: In the equation 3+2=5, the value of the entire expression is 5.

Place Value: In the number 678, the place value of ‘6’ is 600, ‘7’ is 70, and ‘8’ is 8.

Face Value: In the number 678, the face value of ‘6’ is 6,

‘7’ is 7, and ‘8’ is 8, irrespective of their positions in the number.
Value Table: A value table for the function y=2x+1 would look like this:









This table shows how the value of y changes with different values of x.
Practice Questions on Value
To consolidate your understanding of value, here are some practice questions:
 What is the value of the expression 5+72?
 What is the place value of ‘4’ in the number 3549?
 What is the face value of ‘9’ in the number 9876?
 Create a value table for the function y=3x+2 for x=1,2,3.
Conclusion
Our fascinating exploration of Value has now come to an end, but the journey with Brighterly continues. Value is more than a fundamental concept in mathematics. It’s a tool that shapes our understanding of the world around us. It governs everything we do in mathematics, from the simple addition of fruits in a basket to the complex equations that explain the mysteries of the universe.
Understanding the concept of value, along with its different aspects like place value and face value, is like holding a golden key. This key opens the door to the immense beauty of mathematics and its countless applications in realworld situations. It forms the bedrock of our number system and lays the foundation for understanding more complex mathematical concepts.
By learning about value, we have not only gained knowledge but also grown in our mathematical confidence. We can now look at numbers and equations not as challenges but as friends that guide us in our everyday life.
As we conclude this topic, remember that every concept you learn with Brighterly is a stepping stone towards becoming a confident and curious learner. The world of mathematics is vast and full of exciting things to discover. So, keep learning, keep exploring, and remember, with Brighterly, math is not just easy, it’s also fun!
Frequently Asked Questions on Value
What is the difference between place value and face value?
Place value and face value are two fundamental concepts in our number system. Place value is the value of a digit as determined by its place or position in a number. It changes as the position of the digit changes. For example, in the number 654, the place value of 6 is 600, of 5 is 50, and of 4 is 4. Conversely, the face value is the value a digit inherently holds, irrespective of its position in the number. It’s constant and doesn’t change with the position. In the same number 654, the face value of 6 is 6, of 5 is 5, and of 4 is 4.
How is value used in mathematics?
Value is a critical component in mathematics. It denotes the numerical worth of an object, number, or expression. From simple arithmetic operations, like addition and subtraction, to complex algebraic equations and geometrical calculations, everything boils down to finding the value. It is the ultimate outcome of any mathematical operation. For example, in the equation 5 + 3 = 8, 8 is the value. Likewise, in finding the area of a square with a side of 4 units, the value is 16 square units.
What is a value table?
A value table, also known as a function table, is a structured method to display how the value of a variable or expression changes with different inputs. It’s presented in rows and columns, where each cell represents a unique value. A value table is especially useful when dealing with mathematical functions or expressions involving more than one variable. It gives a clear picture of how changing one variable affects the value of the entire expression or function.
For more information, feel free to check these resources:
 Mathematics Standards – Common Core State Standards Initiative
 National Library of Virtual Manipulatives
 BBC Bitesize – Maths
This concludes our exploration of the concept of value. Keep practicing, keep exploring, and remember – math is fun!