Without delay, let's solve this. We've got 240 and we will be multiplying it by 5, that is, adding 240 to itself 5 times.
Step 1: 0 + 240 = 240
Step 2: 240 + 240 = 480
Step 3: 480 + 240 = 720
Step 4: 720 + 240 = 960
Step 5: 960 + 240 = 1200

So, 240*5 = 1200