In order to find out the absolute location of a place on a map, both the latitude and longitude of the place are required.

Latitude is a measurement of distance north or south of the equator, represented by horizontal lines on a map or globe. Longitude is a measurement of distance east or west of the Prime Meridian, represented by vertical lines on a map or globe.

To pinpoint the precise location of a place on a map, we need to know both the latitude and longitude. Latitude provides information on the place`s north-south position, while longitude tells us its east-west position. Together, these coordinates help us establish the absolute location of a place on the map.

Using only the latitude of a place would give us its approximate north-south position but not its exact location. Similarly, using only the longitude would give us the approximate east-west position, but not the complete picture. Therefore, to accurately locate a place on the map, we require both the latitude and longitude.

Option 3, "Both latitude and longitude of the place," is the correct answer as it recognizes the necessity of having both coordinates to determine the absolute location of a place on the map.