We divide 551707 by 80
Let's see how many times 80 fits into 551707.

Going ahead to step 1:
5 divided by 80 is 0 with a remainder of 5.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Deduct 0 from 5 and we're left with 5.
Take the next digit (5) from the dividend and append it to 5, then repeat: 55 / 80

Moving on to step 2:
55 divided by 80 is 0 with a remainder of 55.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtract 0 from 55 to get 55.
Take the next digit (1) from the dividend and append it to 55, then repeat: 551 / 80

Moving on to step 3:
The number 80 fits into 551 6 times, leaving a remainder of 71.
The number 6 becomes the next digit in our result. 
Result so far: 6.0
Deduct 480 from 551 and we're left with 71.
Bring next digit (7) of the dividend behind the 71 and repeat the process: 717 / 80

Let's proceed to step 4:
80 goes into 717 8 times with a remainder of 77.
Write down 8 as next digit of the result. 
Result so far: 68.0
The remainder is 77 after subtracting 640 from 717.
Append the next digit (0) from the dividend to 77 and continue with: 770 / 80

Let's proceed to step 5:
80 goes into 770 9 times with a remainder of 50.
Put 9 as the next digit of the answer. 
Result so far: 689.0
Subtract 720 from 770 to get 50.
Include the next digit (7) from the dividend after 50, then repeat: 507 / 80

Step 6:
80 goes into 507 6 times with a remainder of 27.
Put 6 as the next digit of the answer. 
Result so far: 6896.0
Subtracting 480 from 507 leaves us with 27.
Since there are no more digits in the dividend, we add a zero to the remainder making it 270, and continue the process.

Moving on to step 7:
When dividing 270 by 80, we get 3 with a remainder of 30.
Put 3 as the next digit of the answer. 
Result so far: 6896.3
Subtracting 240 from 270 leaves us with 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 300, and continue the process.

Step 8:
80 can be fit into 300 3 times, resulting in a remainder of 60.
Use 3 as the next digit of our solution. 
Result so far: 6896.33
The remainder is 60 after subtracting 240 from 300.
Since there are no more digits in the dividend, we add a zero to the remainder making it 600, and continue the process.

In conclusion, the division gives 6896.33 with a balance of 0.06.