1. **State the problem:** Multiply 740 by 27. 2. **Formula used:** Multiplication of two numbers $a$ and $b$ is $a \times b$. 3. **Calculate:** $$740 \times 27 = 740 \times (20 + 7) = 740 \times 20 + 740 \times 7$$ 4. **Intermediate steps:** $$740 \times 20 = 14800$$ $$740 \times 7 = 5180$$ 5. **Add the results:** $$14800 + 5180 = 19980$$ 6. **Final answer:** $$740 \times 27 = 19980$$ This means when you multiply 740 by 27, the product is 19980.