Concept:The value of a digit in a decimal number depends on its position after the decimal point.Explanation:In 42.7531, the digits after the decimal point are 7, 5, 3, and 1.The first digit after the decimal point is the tenths place.So 7 has the value 107.The second digit is the hundredths place, so 5 has the value 1005.The third digit is the thousandths place.Therefore, the digit 3 is in the thousandths place and its value is 10003.Answer:10003 (Option B)