Let's divide 294981 by 40
Let's see how many times 40 fits into 294981.

Going ahead to step 1:
When dividing 2 by 40, we get 0 with a remainder of 2.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 2 and we're left with 2.
Grab the next digit (9) from the dividend, add it to 2, then carry on: 29 / 40

Moving on to step 2:
40 can be fit into 29 0 times, resulting in a remainder of 29.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 29 leaves us with 29.
Fetch the next digit (4) from the dividend, attach it to 29 and continue: 294 / 40

Going ahead to step 3:
When dividing 294 by 40, we get 7 with a remainder of 14.
Use 7 as the next digit of our solution. 
Result so far: 7.0
Deduct 280 from 294 and we're left with 14.
Append the next digit (9) from the dividend to 14 and continue with: 149 / 40

Moving on to step 4:
149 divided by 40 is 3 with a remainder of 29.
The next digit of our result is 3. 
Result so far: 73.0
If we take 120 away from 149, we end up with 29.
Append the next digit (8) from the dividend to 29 and continue with: 298 / 40

Advancing to step 5:
If we divide 298 by 40, we get 7 and a remainder of 18.
Record the quotient 7 as the next digit in the result. 
Result so far: 737.0
Subtract 280 from 298 to get 18.
Bring next digit (1) of the dividend behind the 18 and repeat the process: 181 / 40

Let's proceed to step 6:
When dividing 181 by 40, we get 4 with a remainder of 21.
Record the quotient 4 as the next digit in the result. 
Result so far: 7374.0
If we subtract 160 from 181, we get 21.
Since there are no more digits in the dividend, we add a zero to the remainder making it 210, and continue the process.

On to step 7:
When dividing 210 by 40, we get 5 with a remainder of 10.
Use 5 as the next digit of our solution. 
Result so far: 7374.5
Subtracting 200 from 210 leaves us with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Going ahead to step 8:
When dividing 100 by 40, we get 2 with a remainder of 20.
Write down 2 as next digit of the result. 
Result so far: 7374.52
If we subtract 80 from 100, we get 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Advancing to step 9:
If we divide 200 by 40, we get 5 and a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 7374.525
Subtract 200 from 200 to get 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 10:
If we divide 0 by 40, we get 0 and a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 7374.525
If we take 0 away from 0, we end up 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 11:
0 divided by 40 is 0 with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 7374.525
If we take 0 away from 0, we end up 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.

After the division, we end up with 7374.525 and a remainder of 0.0.