We look at the division of 515260 by 53 
We want to figure out the number of times 515260 can be divided by 53.

Advancing to step 1:
53 goes into 5 0 times with a remainder of 5.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Take the next digit (1) from the dividend and append it to 5, then repeat: 51 / 53

Step 2:
The number 53 fits into 51 0 times, leaving a remainder of 51.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Deduct 0 from 51 and we're left with 51.
Take the next digit (5) from the dividend and append it to 51, then repeat: 515 / 53

Going ahead to step 3:
The number 53 fits into 515 9 times, leaving a remainder of 38.
The number 9 becomes the next digit in our result. 
Result so far: 9.0
The remainder is 38 after subtracting 477 from 515.
Grab the next digit (2) from the dividend, add it to 38, then carry on: 382 / 53

Advancing to step 4:
382 divided by 53 is 7 with a remainder of 11.
Record the quotient 7 as the next digit in the result. 
Result so far: 97.0
Subtract 371 from 382 to get 11.
Fetch the next digit (6) from the dividend, attach it to 11 and continue: 116 / 53

On to step 5:
53 can be fit into 116 2 times, resulting in a remainder of 10.
Put 2 as the next digit of the answer. 
Result so far: 972.0
If we subtract 106 from 116, we get 10.
Fetch the next digit (0) from the dividend, attach it to 10 and continue: 100 / 53

On to step 6:
The number 53 fits into 100 1 times, leaving a remainder of 47.
Use 1 as the next digit of our solution. 
Result so far: 9721.0
The remainder is 47 after subtracting 53 from 100.
Since there are no more digits in the dividend, we add a zero to the remainder making it 470, and continue the process.

Advancing to step 7:
53 can be fit into 470 8 times, resulting in a remainder of 46.
The number 8 becomes the next digit in our result. 
Result so far: 9721.8
The remainder is 46 after subtracting 424 from 470.
Since there are no more digits in the dividend, we add a zero to the remainder making it 460, and continue the process.

Going ahead to step 8:
The number 53 fits into 460 8 times, leaving a remainder of 36.
Record the quotient 8 as the next digit in the result. 
Result so far: 9721.88
If we subtract 424 from 460, we get 36.
Since there are no more digits in the dividend, we add a zero to the remainder making it 360, and continue the process.

In conclusion, the division gives 9721.88 with a balance of 0.036.