Find the Hundredths in 1.23: Decimal Place Value Practice

To solve this problem, it is important to understand how decimals are structured, specifically focusing on the concept of place value.

The number given is $1.23$. Let's break down this number according to its place values:

• The digit '1' is in the one's place.
• The digit '2' is in the tenths place, as it is immediately after the decimal point.
• The digit '3' is in the hundredths place, as it is the second digit after the decimal point.

Our task is to find the number of hundredths in this number.

In the decimal $1.23$, the digit that represents the hundredths place is '3'. Therefore, there are 3 hundredths in the number $1.23$.

By understanding the place value, we identify that the hundredths digit (second place after the decimal) is '3'.

Conclusively, the number of hundredths in $1.23$ is $3$, which corresponds to the given choice.