To find the product of 1.13 and 2.7, you can follow these steps:
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Ignore the decimal points and multiply the numbers as if they were whole numbers:
\[ 113 \times 27 = 3051 \]
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Count the total number of decimal places in the original numbers. 1.13 has 2 decimal places, and 2.7 has 1 decimal place, giving a total of \(2 + 1 = 3\) decimal places.
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Place the decimal point in the product (3051) so that there are 3 decimal places:
\[ 3051 \to 3.051 \]
Thus, the product of \(1.13 \times 2.7\) is 3.051.