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\begin{array}{c}\phantom{\times99999}54\\\underline{\times\phantom{99}51300}\\\end{array}
First line up the numbers vertically and match the places from the right like this.
\begin{array}{c}\phantom{\times99999}54\\\underline{\times\phantom{99}51300}\\\phantom{\times9999999}0\\\end{array}
Now multiply the first number with the 1^{st} digit in 2^{nd} number to get intermediate results. That is Multiply 54 with 0. Write the result 0 at the end leaving 0 spaces to the right like this.
\begin{array}{c}\phantom{\times99999}54\\\underline{\times\phantom{99}51300}\\\phantom{\times9999999}0\\\phantom{\times999999}0\phantom{9}\\\end{array}
Now multiply the first number with the 2^{nd} digit in 2^{nd} number to get intermediate results. That is Multiply 54 with 0. Write the result 0 at the end leaving 1 spaces to the right like this.
\begin{array}{c}\phantom{\times99999}54\\\underline{\times\phantom{99}51300}\\\phantom{\times9999999}0\\\phantom{\times999999}0\phantom{9}\\\phantom{\times99}162\phantom{99}\\\end{array}
Now multiply the first number with the 3^{rd} digit in 2^{nd} number to get intermediate results. That is Multiply 54 with 3. Write the result 162 at the end leaving 2 spaces to the right like this.
\begin{array}{c}\phantom{\times99999}54\\\underline{\times\phantom{99}51300}\\\phantom{\times9999999}0\\\phantom{\times999999}0\phantom{9}\\\phantom{\times99}162\phantom{99}\\\phantom{\times99}54\phantom{999}\\\end{array}
Now multiply the first number with the 4^{th} digit in 2^{nd} number to get intermediate results. That is Multiply 54 with 1. Write the result 54 at the end leaving 3 spaces to the right like this.
\begin{array}{c}\phantom{\times99999}54\\\underline{\times\phantom{99}51300}\\\phantom{\times9999999}0\\\phantom{\times999999}0\phantom{9}\\\phantom{\times99}162\phantom{99}\\\phantom{\times99}54\phantom{999}\\\underline{\phantom{\times}270\phantom{9999}}\\\end{array}
Now multiply the first number with the 5^{th} digit in 2^{nd} number to get intermediate results. That is Multiply 54 with 5. Write the result 270 at the end leaving 4 spaces to the right like this.
\begin{array}{c}\phantom{\times99999}54\\\underline{\times\phantom{99}51300}\\\phantom{\times9999999}0\\\phantom{\times999999}0\phantom{9}\\\phantom{\times99}162\phantom{99}\\\phantom{\times99}54\phantom{999}\\\underline{\phantom{\times}270\phantom{9999}}\\\phantom{\times}2770200\end{array}
Now add the intermediate results to get final answer.