We're dividing 550160 by 69 
We want to figure out the number of times 550160 can be divided by 69.

Moving on to step 1:
When dividing 5 by 69, we get 0 with a remainder of 5.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Fetch the next digit (5) from the dividend, attach it to 5 and continue: 55 / 69

Advancing to step 2:
69 goes into 55 0 times with a remainder of 55.
The next digit of our result is 0. 
Result so far: 0.0
Deduct 0 from 55 and we're left with 55.
Append the next digit (0) from the dividend to 55 and continue with: 550 / 69

Step 3:
The number 69 fits into 550 7 times, leaving a remainder of 67.
Use 7 as the next digit of our solution. 
Result so far: 7.0
If we subtract 483 from 550, we get 67.
Fetch the next digit (1) from the dividend, attach it to 67 and continue: 671 / 69

Let's proceed to step 4:
When dividing 671 by 69, we get 9 with a remainder of 50.
Record the quotient 9 as the next digit in the result. 
Result so far: 79.0
Subtract 621 from 671 to get 50.
Grab the next digit (6) from the dividend, add it to 50, then carry on: 506 / 69

Step 5:
If we divide 506 by 69, we get 7 and a remainder of 23.
Write down 7 as next digit of the result. 
Result so far: 797.0
Deduct 483 from 506 and we're left with 23.
Fetch the next digit (0) from the dividend, attach it to 23 and continue: 230 / 69

Step 6:
230 divided by 69 is 3 with a remainder of 23.
The next digit of our result is 3. 
Result so far: 7973.0
If we take 207 away from 230, we end up with 23.
Since there are no more digits in the dividend, we add a zero to the remainder making it 230, and continue the process.

Going ahead to step 7:
230 divided by 69 is 3 with a remainder of 23.
Write down 3 as next digit of the result. 
Result so far: 7973.3
If we subtract 207 from 230, we get 23.
Since there are no more digits in the dividend, we add a zero to the remainder making it 230, and continue the process.

Step 8:
69 goes into 230 3 times with a remainder of 23.
Record the quotient 3 as the next digit in the result. 
Result so far: 7973.33
The remainder is 23 after subtracting 207 from 230.
Since there are no more digits in the dividend, we add a zero to the remainder making it 230, and continue the process.

The quotient of the division is 7973.33, and the remainder is 0.023.