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The phrase 'multiplying it by' is correct and usable in written English.
You can use it when you want to describe the action of multiplying a number or expression by another number or expression. For example, "I have estimated the cost of the project and by multiplying it by the number of expected visitors, I have arrived at a final total."
Exact(60)
Taxes are computed by taking a percentage of a property's market value -- called its taxable assessed value -- and multiplying it by the property tax rate.
We can now estimate Patch's actual 2013 revenue by taking its real weekly sales figure and multiplying it by the weeks in a year: $23.47 million.
"It's like taking the worst neighbor in your apartment building, and multiplying it by a thousand," said David Ruth, who lives next door, at 64 Thompson Street.
Columbus had to calculate the distance he had travelled by estimating his velocity, then multiplying it by the number of times the sand had run through his hourglass.
The numeric value of a cluster of single knots is determined by counting the number of knots in the cluster and multiplying it by 10.
Applying to (1.3), multiplying it by, we deduce that (2.23).
This is tantamount to normalizing the curvature by multiplying it by the Taylor scale of turbulence.
That means taking the likely award and multiplying it by some probability of success.
The only difference is the calculation of the correlation angle before multiplying it by a constant.
Applying to (2.5) and multiplying it by, after integration by parts, and summing over yield (2.22).
The relay processes his received signal (45) by multiplying it by Ψ r †.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com