OK, let's crack this. We're given 701 and our task is to multiply it by 121. Essentially, we'll be adding 701 to itself 121 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
Step 55: 37854 + 701 = 38555
Step 56: 38555 + 701 = 39256
Step 57: 39256 + 701 = 39957
Step 58: 39957 + 701 = 40658
Step 59: 40658 + 701 = 41359
Step 60: 41359 + 701 = 42060
Step 61: 42060 + 701 = 42761
Step 62: 42761 + 701 = 43462
Step 63: 43462 + 701 = 44163
Step 64: 44163 + 701 = 44864
Step 65: 44864 + 701 = 45565
Step 66: 45565 + 701 = 46266
Step 67: 46266 + 701 = 46967
Step 68: 46967 + 701 = 47668
Step 69: 47668 + 701 = 48369
Step 70: 48369 + 701 = 49070
Step 71: 49070 + 701 = 49771
Step 72: 49771 + 701 = 50472
Step 73: 50472 + 701 = 51173
Step 74: 51173 + 701 = 51874
Step 75: 51874 + 701 = 52575
Step 76: 52575 + 701 = 53276
Step 77: 53276 + 701 = 53977
Step 78: 53977 + 701 = 54678
Step 79: 54678 + 701 = 55379
Step 80: 55379 + 701 = 56080
Step 81: 56080 + 701 = 56781
Step 82: 56781 + 701 = 57482
Step 83: 57482 + 701 = 58183
Step 84: 58183 + 701 = 58884
Step 85: 58884 + 701 = 59585
Step 86: 59585 + 701 = 60286
Step 87: 60286 + 701 = 60987
Step 88: 60987 + 701 = 61688
Step 89: 61688 + 701 = 62389
Step 90: 62389 + 701 = 63090
Step 91: 63090 + 701 = 63791
Step 92: 63791 + 701 = 64492
Step 93: 64492 + 701 = 65193
Step 94: 65193 + 701 = 65894
Step 95: 65894 + 701 = 66595
Step 96: 66595 + 701 = 67296
Step 97: 67296 + 701 = 67997
Step 98: 67997 + 701 = 68698
Step 99: 68698 + 701 = 69399
Step 100: 69399 + 701 = 70100
Step 101: 70100 + 701 = 70801
Step 102: 70801 + 701 = 71502
Step 103: 71502 + 701 = 72203
Step 104: 72203 + 701 = 72904
Step 105: 72904 + 701 = 73605
Step 106: 73605 + 701 = 74306
Step 107: 74306 + 701 = 75007
Step 108: 75007 + 701 = 75708
Step 109: 75708 + 701 = 76409
Step 110: 76409 + 701 = 77110
Step 111: 77110 + 701 = 77811
Step 112: 77811 + 701 = 78512
Step 113: 78512 + 701 = 79213
Step 114: 79213 + 701 = 79914
Step 115: 79914 + 701 = 80615
Step 116: 80615 + 701 = 81316
Step 117: 81316 + 701 = 82017
Step 118: 82017 + 701 = 82718
Step 119: 82718 + 701 = 83419
Step 120: 83419 + 701 = 84120
Step 121: 84120 + 701 = 84821

So, 701*121 = 84821