Find the volume of the following square pyramid.
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[tex]\textit{volume of a pyramid}\\ V = \cfrac{Bh}{3}~~ \begin{cases} B = \stackrel{\textit{area of its base}}{50\times 50}\\ h = \stackrel{\textit{its height}}{60} \end{cases}\qquad \implies V = \cfrac{50\cdot 50\cdot 60}{3}\implies \boxed{V= 50000}[/tex]