We look at the division of 12340172 by 500 
Our goal is to divide 12340172 by 500.

Going ahead to step 1:
1 divided by 500 is 0 with a remainder of 1.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Deduct 0 from 1 and we're left with 1.
Include the next digit (2) from the dividend after 1, then repeat: 12 / 500

On to step 2:
500 goes into 12 0 times with a remainder of 12.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 12 and we're left with 12.
Bring next digit (3) of the dividend behind the 12 and repeat the process: 123 / 500

Step 3:
If we divide 123 by 500, we get 0 and a remainder of 123.
Put 0 as the next digit of the answer. 
Result so far: 0.0
If we take 0 away from 123, we end up with 123.
Append the next digit (4) from the dividend to 123 and continue with: 1234 / 500

Advancing to step 4:
The number 500 fits into 1234 2 times, leaving a remainder of 234.
Put 2 as the next digit of the answer. 
Result so far: 2.0
If we subtract 1000 from 1234, we get 234.
Append the next digit (0) from the dividend to 234 and continue with: 2340 / 500

Step 5:
When dividing 2340 by 500, we get 4 with a remainder of 340.
The next digit of our result is 4. 
Result so far: 24.0
Deduct 2000 from 2340 and we're left with 340.
Fetch the next digit (1) from the dividend, attach it to 340 and continue: 3401 / 500

Moving on to step 6:
If we divide 3401 by 500, we get 6 and a remainder of 401.
The number 6 becomes the next digit in our result. 
Result so far: 246.0
Subtracting 3000 from 3401 leaves us with 401.
Include the next digit (7) from the dividend after 401, then repeat: 4017 / 500

Let's proceed to step 7:
The number 500 fits into 4017 8 times, leaving a remainder of 17.
Put 8 as the next digit of the answer. 
Result so far: 2468.0
The remainder is 17 after subtracting 4000 from 4017.
Fetch the next digit (2) from the dividend, attach it to 17 and continue: 172 / 500

Going ahead to step 8:
500 can be fit into 172 0 times, resulting in a remainder of 172.
Put 0 as the next digit of the answer. 
Result so far: 24680.0
If we subtract 0 from 172, we get 172.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1720, and continue the process.

On to step 9:
When dividing 1720 by 500, we get 3 with a remainder of 220.
Put 3 as the next digit of the answer. 
Result so far: 24680.3
Subtract 1500 from 1720 to get 220.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2200, and continue the process.

Going ahead to step 10:
When dividing 2200 by 500, we get 4 with a remainder of 200.
Record the quotient 4 as the next digit in the result. 
Result so far: 24680.34
Subtracting 2000 from 2200 leaves us 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.

On to step 11:
500 goes into 2000 4 times with a remainder of 0.
The number 4 becomes the next digit in our result. 
Result so far: 24680.344
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.

The quotient of the division is 24680.344, and the remainder is 0.0.