We're dividing 701947 by 40 
We're looking to find how many times 40 goes into 701947.

Moving on to step 1:
7 divided by 40 is 0 with a remainder of 7.
The next digit of our result is 0. 
Result so far: 0.0
Deduct 0 from 7 and we're left with 7.
Bring next digit (0) of the dividend behind the 7 and repeat the process: 70 / 40

Step 2:
40 goes into 70 1 times with a remainder of 30.
The next digit of our result is 1. 
Result so far: 1.0
If we subtract 40 from 70, we get 30.
Take the next digit (1) from the dividend and append it to 30, then repeat: 301 / 40

Advancing to step 3:
If we divide 301 by 40, we get 7 and a remainder of 21.
Put 7 as the next digit of the answer. 
Result so far: 17.0
If we take 280 away from 301, we end up with 21.
Fetch the next digit (9) from the dividend, attach it to 21 and continue: 219 / 40

On to step 4:
40 can be fit into 219 5 times, resulting in a remainder of 19.
Put 5 as the next digit of the answer. 
Result so far: 175.0
Subtracting 200 from 219 leaves us with 19.
Grab the next digit (4) from the dividend, add it to 19, then carry on: 194 / 40

Going ahead to step 5:
194 divided by 40 is 4 with a remainder of 34.
The next digit of our result is 4. 
Result so far: 1754.0
If we subtract 160 from 194, we get 34.
Fetch the next digit (7) from the dividend, attach it to 34 and continue: 347 / 40

Advancing to step 6:
When dividing 347 by 40, we get 8 with a remainder of 27.
Record the quotient 8 as the next digit in the result. 
Result so far: 17548.0
Subtract 320 from 347 to get 27.
Since there are no more digits in the dividend, we add a zero to the remainder making it 270, and continue the process.

Let's proceed to step 7:
If we divide 270 by 40, we get 6 and a remainder of 30.
Put 6 as the next digit of the answer. 
Result so far: 17548.6
If we subtract 240 from 270, we get 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 300, and continue the process.

Advancing to step 8:
The number 40 fits into 300 7 times, leaving a remainder of 20.
The next digit of our result is 7. 
Result so far: 17548.67
Deduct 280 from 300 and we're left with 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Moving on to step 9:
When dividing 200 by 40, we get 5 with a remainder of 0.
Put 5 as the next digit of the answer. 
Result so far: 17548.675
Deduct 200 from 200 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.

Advancing to step 10:
When dividing 0 by 40, we get 0 with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 17548.675
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Step 11:
40 can be fit into 0 0 times, resulting in a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 17548.675
Subtracting 0 from 0 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 final result is 17548.675 with a remainder of 0.0.