We divide 266988 by 48
Let's see how many times 48 fits into 266988.

On to step 1:
48 can be fit into 2 0 times, resulting in a remainder of 2.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we take 0 away from 2, we end up with 2.
Fetch the next digit (6) from the dividend, attach it to 2 and continue: 26 / 48

Advancing to step 2:
48 goes into 26 0 times with a remainder of 26.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 26 and we're left with 26.
Grab the next digit (6) from the dividend, add it to 26, then carry on: 266 / 48

Advancing to step 3:
266 divided by 48 is 5 with a remainder of 26.
Write down 5 as next digit of the result. 
Result so far: 5.0
Deduct 240 from 266 and we're left with 26.
Take the next digit (9) from the dividend and append it to 26, then repeat: 269 / 48

Let's proceed to step 4:
When dividing 269 by 48, we get 5 with a remainder of 29.
Use 5 as the next digit of our solution. 
Result so far: 55.0
If we subtract 240 from 269, we get 29.
Include the next digit (8) from the dividend after 29, then repeat: 298 / 48

On to step 5:
48 goes into 298 6 times with a remainder of 10.
Write down 6 as next digit of the result. 
Result so far: 556.0
Deduct 288 from 298 and we're left with 10.
Bring next digit (8) of the dividend behind the 10 and repeat the process: 108 / 48

Advancing to step 6:
If we divide 108 by 48, we get 2 and a remainder of 12.
Put 2 as the next digit of the answer. 
Result so far: 5562.0
Deduct 96 from 108 and we're left with 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Moving on to step 7:
The number 48 fits into 120 2 times, leaving a remainder of 24.
Put 2 as the next digit of the answer. 
Result so far: 5562.2
If we take 96 away from 120, we end up with 24.
Since there are no more digits in the dividend, we add a zero to the remainder making it 240, and continue the process.

Step 8:
48 can be fit into 240 5 times, resulting in a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 5562.25
Subtracting 240 from 240 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.

On to step 9:
0 divided by 48 is 0 with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 5562.25
Deduct 0 from 0 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.

Step 10:
48 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: 5562.25
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.

The final outcome is 5562.25, with a leftover of 0.0.