We look at the division of 29950012 by 500 
We want to figure out the number of times 29950012 can be divided by 500.

Moving on to step 1:
2 divided by 500 is 0 with a remainder of 2.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 2 after subtracting 0 from 2.
Bring next digit (9) of the dividend behind the 2 and repeat the process: 29 / 500

Moving on to step 2:
The number 500 fits into 29 0 times, leaving a remainder of 29.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtracting 0 from 29 leaves us with 29.
Append the next digit (9) from the dividend to 29 and continue with: 299 / 500

On to step 3:
299 divided by 500 is 0 with a remainder of 299.
The next digit of our result is 0. 
Result so far: 0.0
Subtract 0 from 299 to get 299.
Fetch the next digit (5) from the dividend, attach it to 299 and continue: 2995 / 500

Let's proceed to step 4:
If we divide 2995 by 500, we get 5 and a remainder of 495.
The next digit of our result is 5. 
Result so far: 5.0
If we subtract 2500 from 2995, we get 495.
Include the next digit (0) from the dividend after 495, then repeat: 4950 / 500

Going ahead to step 5:
When dividing 4950 by 500, we get 9 with a remainder of 450.
Put 9 as the next digit of the answer. 
Result so far: 59.0
If we take 4500 away from 4950, we end up with 450.
Bring next digit (0) of the dividend behind the 450 and repeat the process: 4500 / 500

On to step 6:
500 can be fit into 4500 9 times, resulting in a remainder of 0.
Record the quotient 9 as the next digit in the result. 
Result so far: 599.0
If we take 4500 away from 4500, we end up with 0.
Fetch the next digit (1) from the dividend, attach it to 0 and continue: 1 / 500

Let's proceed to step 7:
If we divide 1 by 500, we get 0 and a remainder of 1.
Write down 0 as next digit of the result. 
Result so far: 5990.0
The remainder is 1 after subtracting 0 from 1.
Bring next digit (2) of the dividend behind the 1 and repeat the process: 12 / 500

Let's proceed to step 8:
If we divide 12 by 500, we get 0 and a remainder of 12.
The next digit of our result is 0. 
Result so far: 59900.0
If we subtract 0 from 12, we get 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

On to step 9:
The number 500 fits into 120 0 times, leaving a remainder of 120.
Use 0 as the next digit of our solution. 
Result so far: 59900.0
If we take 0 away from 120, we end up with 120.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1200, and continue the process.

On to step 10:
When dividing 1200 by 500, we get 2 with a remainder of 200.
The number 2 becomes the next digit in our result. 
Result so far: 59900.02
If we take 1000 away from 1200, we end up with 200.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2000, and continue the process.

Let's proceed to step 11:
2000 divided by 500 is 4 with a remainder of 0.
Put 4 as the next digit of the answer. 
Result so far: 59900.024
Subtracting 2000 from 2000 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Moving on to step 12:
When dividing 0 by 500, we get 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 59900.024
Subtract 0 from 0 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 13:
500 can be fit into 0 0 times, resulting in a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 59900.024
Deduct 0 from 0 and we're left with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Our division results in 59900.024 with a remaining 0.0.