What is the place value of 7 in the numeral 2734?	Choose the correct choice from the following options:
A) 600	B) 650	C) 700	D) 800	E) 850
Option '700'    7 * 100= 
<gadget id="calculator"> 7 * 100</gadget>
<output>700</output>
700
<result>C</result>
What is the place value of 7 in the numeral 2734?