We look at the division of 12206743 by 501 
We're looking to find how many times 501 goes into 12206743.

On to step 1:
When dividing 1 by 501, we get 0 with a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 1 after subtracting 0 from 1.
Take the next digit (2) from the dividend and append it to 1, then repeat: 12 / 501

Step 2:
501 can be fit into 12 0 times, resulting in a remainder of 12.
The next digit of our result is 0. 
Result so far: 0.0
Subtract 0 from 12 to get 12.
Bring next digit (2) of the dividend behind the 12 and repeat the process: 122 / 501

Let's proceed to step 3:
When dividing 122 by 501, we get 0 with a remainder of 122.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 122 after subtracting 0 from 122.
Take the next digit (0) from the dividend and append it to 122, then repeat: 1220 / 501

Going ahead to step 4:
When dividing 1220 by 501, we get 2 with a remainder of 218.
The number 2 becomes the next digit in our result. 
Result so far: 2.0
Subtracting 1002 from 1220 leaves us with 218.
Include the next digit (6) from the dividend after 218, then repeat: 2186 / 501

On to step 5:
501 goes into 2186 4 times with a remainder of 182.
Record the quotient 4 as the next digit in the result. 
Result so far: 24.0
If we take 2004 away from 2186, we end up with 182.
Include the next digit (7) from the dividend after 182, then repeat: 1827 / 501

Moving on to step 6:
If we divide 1827 by 501, we get 3 and a remainder of 324.
Record the quotient 3 as the next digit in the result. 
Result so far: 243.0
If we subtract 1503 from 1827, we get 324.
Fetch the next digit (4) from the dividend, attach it to 324 and continue: 3244 / 501

Going ahead to step 7:
3244 divided by 501 is 6 with a remainder of 238.
The number 6 becomes the next digit in our result. 
Result so far: 2436.0
Deduct 3006 from 3244 and we're left with 238.
Fetch the next digit (3) from the dividend, attach it to 238 and continue: 2383 / 501

Moving on to step 8:
If we divide 2383 by 501, we get 4 and a remainder of 379.
Write down 4 as next digit of the result. 
Result so far: 24364.0
Deduct 2004 from 2383 and we're left with 379.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3790, and continue the process.

Advancing to step 9:
501 goes into 3790 7 times with a remainder of 283.
The number 7 becomes the next digit in our result. 
Result so far: 24364.7
Deduct 3507 from 3790 and we're left with 283.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2830, and continue the process.

Step 10:
501 can be fit into 2830 5 times, resulting in a remainder of 325.
Put 5 as the next digit of the answer. 
Result so far: 24364.75
Subtract 2505 from 2830 to get 325.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3250, and continue the process.

Moving on to step 11:
If we divide 3250 by 501, we get 6 and a remainder of 244.
Record the quotient 6 as the next digit in the result. 
Result so far: 24364.756
If we take 3006 away from 3250, we end up with 244.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2440, and continue the process.

Step 12:
501 can be fit into 2440 4 times, resulting in a remainder of 436.
The number 4 becomes the next digit in our result. 
Result so far: 24364.7564
Deduct 2004 from 2440 and we're left with 436.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4360, and continue the process.

Moving on to step 13:
The number 501 fits into 4360 8 times, leaving a remainder of 352.
The number 8 becomes the next digit in our result. 
Result so far: 24364.75648
If we subtract 4008 from 4360, we get 352.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3520, and continue the process.

Moving on to step 14:
501 can be fit into 3520 7 times, resulting in a remainder of 13.
Put 7 as the next digit of the answer. 
Result so far: 24364.756487
The remainder is 13 after subtracting 3507 from 3520.
Since there are no more digits in the dividend, we add a zero to the remainder making it 130, and continue the process.

Moving on to step 15:
The number 501 fits into 130 0 times, leaving a remainder of 130.
Write down 0 as next digit of the result. 
Result so far: 24364.756487
Subtract 0 from 130 to get 130.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1300, and continue the process.

Moving on to step 16:
The number 501 fits into 1300 2 times, leaving a remainder of 298.
Record the quotient 2 as the next digit in the result. 
Result so far: 24364.75648702
Subtracting 1002 from 1300 leaves us with 298.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2980, and continue the process.

The quotient of the division is 24364.75648702, and the remainder is 2.98e-07.