We divide 553412 by 70
We want to figure out the number of times 553412 can be divided by 70.

On to step 1:
70 can be fit into 5 0 times, resulting in a remainder of 5.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Bring next digit (5) of the dividend behind the 5 and repeat the process: 55 / 70

Moving on to step 2:
55 divided by 70 is 0 with a remainder of 55.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we take 0 away from 55, we end up with 55.
Grab the next digit (3) from the dividend, add it to 55, then carry on: 553 / 70

On to step 3:
If we divide 553 by 70, we get 7 and a remainder of 63.
Write down 7 as next digit of the result. 
Result so far: 7.0
The remainder is 63 after subtracting 490 from 553.
Include the next digit (4) from the dividend after 63, then repeat: 634 / 70

Going ahead to step 4:
If we divide 634 by 70, we get 9 and a remainder of 4.
Write down 9 as next digit of the result. 
Result so far: 79.0
The remainder is 4 after subtracting 630 from 634.
Append the next digit (1) from the dividend to 4 and continue with: 41 / 70

On to step 5:
The number 70 fits into 41 0 times, leaving a remainder of 41.
The next digit of our result is 0. 
Result so far: 790.0
Subtract 0 from 41 to get 41.
Bring next digit (2) of the dividend behind the 41 and repeat the process: 412 / 70

Let's proceed to step 6:
412 divided by 70 is 5 with a remainder of 62.
The number 5 becomes the next digit in our result. 
Result so far: 7905.0
If we subtract 350 from 412, we get 62.
Since there are no more digits in the dividend, we add a zero to the remainder making it 620, and continue the process.

Moving on to step 7:
70 goes into 620 8 times with a remainder of 60.
Write down 8 as next digit of the result. 
Result so far: 7905.8
Subtracting 560 from 620 leaves us with 60.
Since there are no more digits in the dividend, we add a zero to the remainder making it 600, and continue the process.

Moving on to step 8:
The number 70 fits into 600 8 times, leaving a remainder of 40.
Write down 8 as next digit of the result. 
Result so far: 7905.88
If we subtract 560 from 600, we get 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

The final outcome is 7905.88, with a leftover of 0.04.