Without delay, let's solve this. We've got 501 and we will be multiplying it by 314, that is, adding 501 to itself 314 times.
Step 1: 0 + 501 = 501
Step 2: 501 + 501 = 1002
Step 3: 1002 + 501 = 1503
Step 4: 1503 + 501 = 2004
Step 5: 2004 + 501 = 2505
Step 6: 2505 + 501 = 3006
Step 7: 3006 + 501 = 3507
Step 8: 3507 + 501 = 4008
Step 9: 4008 + 501 = 4509
Step 10: 4509 + 501 = 5010
Step 11: 5010 + 501 = 5511
Step 12: 5511 + 501 = 6012
Step 13: 6012 + 501 = 6513
Step 14: 6513 + 501 = 7014
Step 15: 7014 + 501 = 7515
Step 16: 7515 + 501 = 8016
Step 17: 8016 + 501 = 8517
Step 18: 8517 + 501 = 9018
Step 19: 9018 + 501 = 9519
Step 20: 9519 + 501 = 10020
Step 21: 10020 + 501 = 10521
Step 22: 10521 + 501 = 11022
Step 23: 11022 + 501 = 11523
Step 24: 11523 + 501 = 12024
Step 25: 12024 + 501 = 12525
Step 26: 12525 + 501 = 13026
Step 27: 13026 + 501 = 13527
Step 28: 13527 + 501 = 14028
Step 29: 14028 + 501 = 14529
Step 30: 14529 + 501 = 15030
Step 31: 15030 + 501 = 15531
Step 32: 15531 + 501 = 16032
Step 33: 16032 + 501 = 16533
Step 34: 16533 + 501 = 17034
Step 35: 17034 + 501 = 17535
Step 36: 17535 + 501 = 18036
Step 37: 18036 + 501 = 18537
Step 38: 18537 + 501 = 19038
Step 39: 19038 + 501 = 19539
Step 40: 19539 + 501 = 20040
Step 41: 20040 + 501 = 20541
Step 42: 20541 + 501 = 21042
Step 43: 21042 + 501 = 21543
Step 44: 21543 + 501 = 22044
Step 45: 22044 + 501 = 22545
Step 46: 22545 + 501 = 23046
Step 47: 23046 + 501 = 23547
Step 48: 23547 + 501 = 24048
Step 49: 24048 + 501 = 24549
Step 50: 24549 + 501 = 25050
Step 51: 25050 + 501 = 25551
Step 52: 25551 + 501 = 26052
Step 53: 26052 + 501 = 26553
Step 54: 26553 + 501 = 27054
Step 55: 27054 + 501 = 27555
Step 56: 27555 + 501 = 28056
Step 57: 28056 + 501 = 28557
Step 58: 28557 + 501 = 29058
Step 59: 29058 + 501 = 29559
Step 60: 29559 + 501 = 30060
Step 61: 30060 + 501 = 30561
Step 62: 30561 + 501 = 31062
Step 63: 31062 + 501 = 31563
Step 64: 31563 + 501 = 32064
Step 65: 32064 + 501 = 32565
Step 66: 32565 + 501 = 33066
Step 67: 33066 + 501 = 33567
Step 68: 33567 + 501 = 34068
Step 69: 34068 + 501 = 34569
Step 70: 34569 + 501 = 35070
Step 71: 35070 + 501 = 35571
Step 72: 35571 + 501 = 36072
Step 73: 36072 + 501 = 36573
Step 74: 36573 + 501 = 37074
Step 75: 37074 + 501 = 37575
Step 76: 37575 + 501 = 38076
Step 77: 38076 + 501 = 38577
Step 78: 38577 + 501 = 39078
Step 79: 39078 + 501 = 39579
Step 80: 39579 + 501 = 40080
Step 81: 40080 + 501 = 40581
Step 82: 40581 + 501 = 41082
Step 83: 41082 + 501 = 41583
Step 84: 41583 + 501 = 42084
Step 85: 42084 + 501 = 42585
Step 86: 42585 + 501 = 43086
Step 87: 43086 + 501 = 43587
Step 88: 43587 + 501 = 44088
Step 89: 44088 + 501 = 44589
Step 90: 44589 + 501 = 45090
Step 91: 45090 + 501 = 45591
Step 92: 45591 + 501 = 46092
Step 93: 46092 + 501 = 46593
Step 94: 46593 + 501 = 47094
Step 95: 47094 + 501 = 47595
Step 96: 47595 + 501 = 48096
Step 97: 48096 + 501 = 48597
Step 98: 48597 + 501 = 49098
Step 99: 49098 + 501 = 49599
Step 100: 49599 + 501 = 50100
Step 101: 50100 + 501 = 50601
Step 102: 50601 + 501 = 51102
Step 103: 51102 + 501 = 51603
Step 104: 51603 + 501 = 52104
Step 105: 52104 + 501 = 52605
Step 106: 52605 + 501 = 53106
Step 107: 53106 + 501 = 53607
Step 108: 53607 + 501 = 54108
Step 109: 54108 + 501 = 54609
Step 110: 54609 + 501 = 55110
Step 111: 55110 + 501 = 55611
Step 112: 55611 + 501 = 56112
Step 113: 56112 + 501 = 56613
Step 114: 56613 + 501 = 57114
Step 115: 57114 + 501 = 57615
Step 116: 57615 + 501 = 58116
Step 117: 58116 + 501 = 58617
Step 118: 58617 + 501 = 59118
Step 119: 59118 + 501 = 59619
Step 120: 59619 + 501 = 60120
Step 121: 60120 + 501 = 60621
Step 122: 60621 + 501 = 61122
Step 123: 61122 + 501 = 61623
Step 124: 61623 + 501 = 62124
Step 125: 62124 + 501 = 62625
Step 126: 62625 + 501 = 63126
Step 127: 63126 + 501 = 63627
Step 128: 63627 + 501 = 64128
Step 129: 64128 + 501 = 64629
Step 130: 64629 + 501 = 65130
Step 131: 65130 + 501 = 65631
Step 132: 65631 + 501 = 66132
Step 133: 66132 + 501 = 66633
Step 134: 66633 + 501 = 67134
Step 135: 67134 + 501 = 67635
Step 136: 67635 + 501 = 68136
Step 137: 68136 + 501 = 68637
Step 138: 68637 + 501 = 69138
Step 139: 69138 + 501 = 69639
Step 140: 69639 + 501 = 70140
Step 141: 70140 + 501 = 70641
Step 142: 70641 + 501 = 71142
Step 143: 71142 + 501 = 71643
Step 144: 71643 + 501 = 72144
Step 145: 72144 + 501 = 72645
Step 146: 72645 + 501 = 73146
Step 147: 73146 + 501 = 73647
Step 148: 73647 + 501 = 74148
Step 149: 74148 + 501 = 74649
Step 150: 74649 + 501 = 75150
Step 151: 75150 + 501 = 75651
Step 152: 75651 + 501 = 76152
Step 153: 76152 + 501 = 76653
Step 154: 76653 + 501 = 77154
Step 155: 77154 + 501 = 77655
Step 156: 77655 + 501 = 78156
Step 157: 78156 + 501 = 78657
Step 158: 78657 + 501 = 79158
Step 159: 79158 + 501 = 79659
Step 160: 79659 + 501 = 80160
Step 161: 80160 + 501 = 80661
Step 162: 80661 + 501 = 81162
Step 163: 81162 + 501 = 81663
Step 164: 81663 + 501 = 82164
Step 165: 82164 + 501 = 82665
Step 166: 82665 + 501 = 83166
Step 167: 83166 + 501 = 83667
Step 168: 83667 + 501 = 84168
Step 169: 84168 + 501 = 84669
Step 170: 84669 + 501 = 85170
Step 171: 85170 + 501 = 85671
Step 172: 85671 + 501 = 86172
Step 173: 86172 + 501 = 86673
Step 174: 86673 + 501 = 87174
Step 175: 87174 + 501 = 87675
Step 176: 87675 + 501 = 88176
Step 177: 88176 + 501 = 88677
Step 178: 88677 + 501 = 89178
Step 179: 89178 + 501 = 89679
Step 180: 89679 + 501 = 90180
Step 181: 90180 + 501 = 90681
Step 182: 90681 + 501 = 91182
Step 183: 91182 + 501 = 91683
Step 184: 91683 + 501 = 92184
Step 185: 92184 + 501 = 92685
Step 186: 92685 + 501 = 93186
Step 187: 93186 + 501 = 93687
Step 188: 93687 + 501 = 94188
Step 189: 94188 + 501 = 94689
Step 190: 94689 + 501 = 95190
Step 191: 95190 + 501 = 95691
Step 192: 95691 + 501 = 96192
Step 193: 96192 + 501 = 96693
Step 194: 96693 + 501 = 97194
Step 195: 97194 + 501 = 97695
Step 196: 97695 + 501 = 98196
Step 197: 98196 + 501 = 98697
Step 198: 98697 + 501 = 99198
Step 199: 99198 + 501 = 99699
Step 200: 99699 + 501 = 100200
Step 201: 100200 + 501 = 100701
Step 202: 100701 + 501 = 101202
Step 203: 101202 + 501 = 101703
Step 204: 101703 + 501 = 102204
Step 205: 102204 + 501 = 102705
Step 206: 102705 + 501 = 103206
Step 207: 103206 + 501 = 103707
Step 208: 103707 + 501 = 104208
Step 209: 104208 + 501 = 104709
Step 210: 104709 + 501 = 105210
Step 211: 105210 + 501 = 105711
Step 212: 105711 + 501 = 106212
Step 213: 106212 + 501 = 106713
Step 214: 106713 + 501 = 107214
Step 215: 107214 + 501 = 107715
Step 216: 107715 + 501 = 108216
Step 217: 108216 + 501 = 108717
Step 218: 108717 + 501 = 109218
Step 219: 109218 + 501 = 109719
Step 220: 109719 + 501 = 110220
Step 221: 110220 + 501 = 110721
Step 222: 110721 + 501 = 111222
Step 223: 111222 + 501 = 111723
Step 224: 111723 + 501 = 112224
Step 225: 112224 + 501 = 112725
Step 226: 112725 + 501 = 113226
Step 227: 113226 + 501 = 113727
Step 228: 113727 + 501 = 114228
Step 229: 114228 + 501 = 114729
Step 230: 114729 + 501 = 115230
Step 231: 115230 + 501 = 115731
Step 232: 115731 + 501 = 116232
Step 233: 116232 + 501 = 116733
Step 234: 116733 + 501 = 117234
Step 235: 117234 + 501 = 117735
Step 236: 117735 + 501 = 118236
Step 237: 118236 + 501 = 118737
Step 238: 118737 + 501 = 119238
Step 239: 119238 + 501 = 119739
Step 240: 119739 + 501 = 120240
Step 241: 120240 + 501 = 120741
Step 242: 120741 + 501 = 121242
Step 243: 121242 + 501 = 121743
Step 244: 121743 + 501 = 122244
Step 245: 122244 + 501 = 122745
Step 246: 122745 + 501 = 123246
Step 247: 123246 + 501 = 123747
Step 248: 123747 + 501 = 124248
Step 249: 124248 + 501 = 124749
Step 250: 124749 + 501 = 125250
Step 251: 125250 + 501 = 125751
Step 252: 125751 + 501 = 126252
Step 253: 126252 + 501 = 126753
Step 254: 126753 + 501 = 127254
Step 255: 127254 + 501 = 127755
Step 256: 127755 + 501 = 128256
Step 257: 128256 + 501 = 128757
Step 258: 128757 + 501 = 129258
Step 259: 129258 + 501 = 129759
Step 260: 129759 + 501 = 130260
Step 261: 130260 + 501 = 130761
Step 262: 130761 + 501 = 131262
Step 263: 131262 + 501 = 131763
Step 264: 131763 + 501 = 132264
Step 265: 132264 + 501 = 132765
Step 266: 132765 + 501 = 133266
Step 267: 133266 + 501 = 133767
Step 268: 133767 + 501 = 134268
Step 269: 134268 + 501 = 134769
Step 270: 134769 + 501 = 135270
Step 271: 135270 + 501 = 135771
Step 272: 135771 + 501 = 136272
Step 273: 136272 + 501 = 136773
Step 274: 136773 + 501 = 137274
Step 275: 137274 + 501 = 137775
Step 276: 137775 + 501 = 138276
Step 277: 138276 + 501 = 138777
Step 278: 138777 + 501 = 139278
Step 279: 139278 + 501 = 139779
Step 280: 139779 + 501 = 140280
Step 281: 140280 + 501 = 140781
Step 282: 140781 + 501 = 141282
Step 283: 141282 + 501 = 141783
Step 284: 141783 + 501 = 142284
Step 285: 142284 + 501 = 142785
Step 286: 142785 + 501 = 143286
Step 287: 143286 + 501 = 143787
Step 288: 143787 + 501 = 144288
Step 289: 144288 + 501 = 144789
Step 290: 144789 + 501 = 145290
Step 291: 145290 + 501 = 145791
Step 292: 145791 + 501 = 146292
Step 293: 146292 + 501 = 146793
Step 294: 146793 + 501 = 147294
Step 295: 147294 + 501 = 147795
Step 296: 147795 + 501 = 148296
Step 297: 148296 + 501 = 148797
Step 298: 148797 + 501 = 149298
Step 299: 149298 + 501 = 149799
Step 300: 149799 + 501 = 150300
Step 301: 150300 + 501 = 150801
Step 302: 150801 + 501 = 151302
Step 303: 151302 + 501 = 151803
Step 304: 151803 + 501 = 152304
Step 305: 152304 + 501 = 152805
Step 306: 152805 + 501 = 153306
Step 307: 153306 + 501 = 153807
Step 308: 153807 + 501 = 154308
Step 309: 154308 + 501 = 154809
Step 310: 154809 + 501 = 155310
Step 311: 155310 + 501 = 155811
Step 312: 155811 + 501 = 156312
Step 313: 156312 + 501 = 156813
Step 314: 156813 + 501 = 157314

So, 501*314 = 157314