OK, let's work through this together. We're starting with 701 and we're going to multiply it by 54, which means we add 701 to itself 54 times.
Step 1: 0 + 701 = 701
Step 2: 701 + 701 = 1402
Step 3: 1402 + 701 = 2103
Step 4: 2103 + 701 = 2804
Step 5: 2804 + 701 = 3505
Step 6: 3505 + 701 = 4206
Step 7: 4206 + 701 = 4907
Step 8: 4907 + 701 = 5608
Step 9: 5608 + 701 = 6309
Step 10: 6309 + 701 = 7010
Step 11: 7010 + 701 = 7711
Step 12: 7711 + 701 = 8412
Step 13: 8412 + 701 = 9113
Step 14: 9113 + 701 = 9814
Step 15: 9814 + 701 = 10515
Step 16: 10515 + 701 = 11216
Step 17: 11216 + 701 = 11917
Step 18: 11917 + 701 = 12618
Step 19: 12618 + 701 = 13319
Step 20: 13319 + 701 = 14020
Step 21: 14020 + 701 = 14721
Step 22: 14721 + 701 = 15422
Step 23: 15422 + 701 = 16123
Step 24: 16123 + 701 = 16824
Step 25: 16824 + 701 = 17525
Step 26: 17525 + 701 = 18226
Step 27: 18226 + 701 = 18927
Step 28: 18927 + 701 = 19628
Step 29: 19628 + 701 = 20329
Step 30: 20329 + 701 = 21030
Step 31: 21030 + 701 = 21731
Step 32: 21731 + 701 = 22432
Step 33: 22432 + 701 = 23133
Step 34: 23133 + 701 = 23834
Step 35: 23834 + 701 = 24535
Step 36: 24535 + 701 = 25236
Step 37: 25236 + 701 = 25937
Step 38: 25937 + 701 = 26638
Step 39: 26638 + 701 = 27339
Step 40: 27339 + 701 = 28040
Step 41: 28040 + 701 = 28741
Step 42: 28741 + 701 = 29442
Step 43: 29442 + 701 = 30143
Step 44: 30143 + 701 = 30844
Step 45: 30844 + 701 = 31545
Step 46: 31545 + 701 = 32246
Step 47: 32246 + 701 = 32947
Step 48: 32947 + 701 = 33648
Step 49: 33648 + 701 = 34349
Step 50: 34349 + 701 = 35050
Step 51: 35050 + 701 = 35751
Step 52: 35751 + 701 = 36452
Step 53: 36452 + 701 = 37153
Step 54: 37153 + 701 = 37854

So, 701*54 = 37854