How to multiply a number to one cell

The problem I'm having is, is setting a cell B3 to multiple a number I place in the cell by lets say 5. This is what I'm trying to do: in B# is price of a book that has to be multiplied by 5, I can't find the right formula to do this. ( I want to
put $ 10.40 in cell and have it automatically change to $ $ 52.00. I don't want to have two cells for this process because I have several other cells that have to do the same procedure, and then the group multiplies by consecutive numbers to 24. So it would
be a time saver to just put the unit price in the cell and it changes to the total cost for the item in same cell.. Trying to show cost for courses with all material needed. courses start with five people and go up to 24 and I already have 26 columns
and 26 rows. Thanks for the help.

You should use separate cells. Trying to use a single cell for this purpose has two serious disadvantages:
You cannot see what has happened.
Chances are that the cell value will be multiplied by 5 repeatedly. Say you enter $6. It will be changed to $30, and before you know it, that will be changed to $150, etc.
If you want to multiply for example C2 by 1, C3 by 2, C4 by 3, etc., and sum the results, you can use a formula such as =SUMPRODUCT(C2:C26,ROW($1:$25))
Regards, Hans Vogelaar (http://www.eileenslounge.com)

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