Alright, let's solve this math problem step by step. First, we have the number 500. Next, we see the multiplication sign, which means we need to multiply something. And what are we multiplying it by? We multiply it by 55. So, we're going to take the number 500 and add it to itself 55 times.
Step 1: 0 + 500 = 500
Step 2: 500 + 500 = 1000
Step 3: 1000 + 500 = 1500
Step 4: 1500 + 500 = 2000
Step 5: 2000 + 500 = 2500
Step 6: 2500 + 500 = 3000
Step 7: 3000 + 500 = 3500
Step 8: 3500 + 500 = 4000
Step 9: 4000 + 500 = 4500
Step 10: 4500 + 500 = 5000
Step 11: 5000 + 500 = 5500
Step 12: 5500 + 500 = 6000
Step 13: 6000 + 500 = 6500
Step 14: 6500 + 500 = 7000
Step 15: 7000 + 500 = 7500
Step 16: 7500 + 500 = 8000
Step 17: 8000 + 500 = 8500
Step 18: 8500 + 500 = 9000
Step 19: 9000 + 500 = 9500
Step 20: 9500 + 500 = 10000
Step 21: 10000 + 500 = 10500
Step 22: 10500 + 500 = 11000
Step 23: 11000 + 500 = 11500
Step 24: 11500 + 500 = 12000
Step 25: 12000 + 500 = 12500
Step 26: 12500 + 500 = 13000
Step 27: 13000 + 500 = 13500
Step 28: 13500 + 500 = 14000
Step 29: 14000 + 500 = 14500
Step 30: 14500 + 500 = 15000
Step 31: 15000 + 500 = 15500
Step 32: 15500 + 500 = 16000
Step 33: 16000 + 500 = 16500
Step 34: 16500 + 500 = 17000
Step 35: 17000 + 500 = 17500
Step 36: 17500 + 500 = 18000
Step 37: 18000 + 500 = 18500
Step 38: 18500 + 500 = 19000
Step 39: 19000 + 500 = 19500
Step 40: 19500 + 500 = 20000
Step 41: 20000 + 500 = 20500
Step 42: 20500 + 500 = 21000
Step 43: 21000 + 500 = 21500
Step 44: 21500 + 500 = 22000
Step 45: 22000 + 500 = 22500
Step 46: 22500 + 500 = 23000
Step 47: 23000 + 500 = 23500
Step 48: 23500 + 500 = 24000
Step 49: 24000 + 500 = 24500
Step 50: 24500 + 500 = 25000
Step 51: 25000 + 500 = 25500
Step 52: 25500 + 500 = 26000
Step 53: 26000 + 500 = 26500
Step 54: 26500 + 500 = 27000
Step 55: 27000 + 500 = 27500

So, 500*55 = 27500