266721 ÷ 48 
We're looking to find how many times 48 goes into 266721.

Moving on to step 1:
When dividing 2 by 48, we get 0 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.
Bring next digit (6) of the dividend behind the 2 and repeat the process: 26 / 48

Let's proceed to step 2:
If we divide 26 by 48, we get 0 and a remainder of 26.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 26 leaves us with 26.
Include the next digit (6) from the dividend after 26, then repeat: 266 / 48

Advancing to step 3:
266 divided by 48 is 5 with a remainder of 26.
Put 5 as the next digit of the answer. 
Result so far: 5.0
Subtracting 240 from 266 leaves us with 26.
Bring next digit (7) of the dividend behind the 26 and repeat the process: 267 / 48

Going ahead to step 4:
The number 48 fits into 267 5 times, leaving a remainder of 27.
The number 5 becomes the next digit in our result. 
Result so far: 55.0
If we take 240 away from 267, we end up with 27.
Bring next digit (2) of the dividend behind the 27 and repeat the process: 272 / 48

Step 5:
If we divide 272 by 48, we get 5 and a remainder of 32.
Write down 5 as next digit of the result. 
Result so far: 555.0
If we subtract 240 from 272, we get 32.
Include the next digit (1) from the dividend after 32, then repeat: 321 / 48

On to step 6:
The number 48 fits into 321 6 times, leaving a remainder of 33.
Use 6 as the next digit of our solution. 
Result so far: 5556.0
Subtract 288 from 321 to get 33.
Since there are no more digits in the dividend, we add a zero to the remainder making it 330, and continue the process.

Moving on to step 7:
The number 48 fits into 330 6 times, leaving a remainder of 42.
Use 6 as the next digit of our solution. 
Result so far: 5556.6
The remainder is 42 after subtracting 288 from 330.
Since there are no more digits in the dividend, we add a zero to the remainder making it 420, and continue the process.

Let's proceed to step 8:
When dividing 420 by 48, we get 8 with a remainder of 36.
Use 8 as the next digit of our solution. 
Result so far: 5556.68
The remainder is 36 after subtracting 384 from 420.
Since there are no more digits in the dividend, we add a zero to the remainder making it 360, and continue the process.

Let's proceed to step 9:
48 can be fit into 360 7 times, resulting in a remainder of 24.
The next digit of our result is 7. 
Result so far: 5556.687
If we take 336 away from 360, 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.

Advancing to step 10:
240 divided by 48 is 5 with a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 5556.6875
The remainder is 0 after subtracting 240 from 240.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Going ahead to step 11:
If we divide 0 by 48, we get 0 and a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 5556.6875
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.

Moving on to step 12:
When dividing 0 by 48, we get 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 5556.6875
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 quotient of the division is 5556.6875, and the remainder is 0.0.