Consider the given number,
[tex]72537[/tex]Write the number into expanded form,
[tex]=70000+2000+500+30+7[/tex]Taking a step further,
[tex]=(7\times10000)+(2\times1000)+(5\times100)+(3\times10)+(7\times1)[/tex]Clearly, digit 2 occurs with a 1000.
So it can be concluded that the place value of 2 is 1000, means thousands place.