We divide 242686 by 98
We're looking to find how many times 98 goes into 242686.

On to step 1:
98 goes into 2 0 times with a remainder of 2.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 2 leaves us with 2.
Grab the next digit (4) from the dividend, add it to 2, then carry on: 24 / 98

Going ahead to step 2:
The number 98 fits into 24 0 times, leaving a remainder of 24.
The next digit of our result is 0. 
Result so far: 0.0
Subtract 0 from 24 to get 24.
Fetch the next digit (2) from the dividend, attach it to 24 and continue: 242 / 98

Step 3:
98 can be fit into 242 2 times, resulting in a remainder of 46.
Use 2 as the next digit of our solution. 
Result so far: 2.0
If we subtract 196 from 242, we get 46.
Grab the next digit (6) from the dividend, add it to 46, then carry on: 466 / 98

On to step 4:
98 can be fit into 466 4 times, resulting in a remainder of 74.
Write down 4 as next digit of the result. 
Result so far: 24.0
If we take 392 away from 466, we end up with 74.
Take the next digit (8) from the dividend and append it to 74, then repeat: 748 / 98

On to step 5:
748 divided by 98 is 7 with a remainder of 62.
Record the quotient 7 as the next digit in the result. 
Result so far: 247.0
Deduct 686 from 748 and we're left with 62.
Append the next digit (6) from the dividend to 62 and continue with: 626 / 98

Advancing to step 6:
98 can be fit into 626 6 times, resulting in a remainder of 38.
Record the quotient 6 as the next digit in the result. 
Result so far: 2476.0
Subtract 588 from 626 to get 38.
Since there are no more digits in the dividend, we add a zero to the remainder making it 380, and continue the process.

Moving on to step 7:
When dividing 380 by 98, we get 3 with a remainder of 86.
The number 3 becomes the next digit in our result. 
Result so far: 2476.3
Subtract 294 from 380 to get 86.
Since there are no more digits in the dividend, we add a zero to the remainder making it 860, and continue the process.

On to step 8:
98 can be fit into 860 8 times, resulting in a remainder of 76.
Record the quotient 8 as the next digit in the result. 
Result so far: 2476.38
Subtract 784 from 860 to get 76.
Since there are no more digits in the dividend, we add a zero to the remainder making it 760, and continue the process.

Going ahead to step 9:
When dividing 760 by 98, we get 7 with a remainder of 74.
The next digit of our result is 7. 
Result so far: 2476.387
The remainder is 74 after subtracting 686 from 760.
Since there are no more digits in the dividend, we add a zero to the remainder making it 740, and continue the process.

On to step 10:
When dividing 740 by 98, we get 7 with a remainder of 54.
Put 7 as the next digit of the answer. 
Result so far: 2476.3877
Subtracting 686 from 740 leaves us with 54.
Since there are no more digits in the dividend, we add a zero to the remainder making it 540, and continue the process.

In conclusion, the division gives 2476.3877 with a balance of 0.00054.