We look at the division of 264040 by 50 
We're looking to find how many times 50 goes into 264040.

Step 1:
50 can be fit into 2 0 times, resulting in a remainder of 2.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtract 0 from 2 to get 2.
Bring next digit (6) of the dividend behind the 2 and repeat the process: 26 / 50

Step 2:
50 can be fit into 26 0 times, resulting in a remainder of 26.
The next digit of our result is 0. 
Result so far: 0.0
If we take 0 away from 26, we end up with 26.
Grab the next digit (4) from the dividend, add it to 26, then carry on: 264 / 50

On to step 3:
50 goes into 264 5 times with a remainder of 14.
Put 5 as the next digit of the answer. 
Result so far: 5.0
The remainder is 14 after subtracting 250 from 264.
Include the next digit (0) from the dividend after 14, then repeat: 140 / 50

On to step 4:
140 divided by 50 is 2 with a remainder of 40.
The number 2 becomes the next digit in our result. 
Result so far: 52.0
The remainder is 40 after subtracting 100 from 140.
Fetch the next digit (4) from the dividend, attach it to 40 and continue: 404 / 50

Going ahead to step 5:
50 goes into 404 8 times with a remainder of 4.
Use 8 as the next digit of our solution. 
Result so far: 528.0
If we take 400 away from 404, we end up with 4.
Take the next digit (0) from the dividend and append it to 4, then repeat: 40 / 50

On to step 6:
When dividing 40 by 50, we get 0 with a remainder of 40.
Put 0 as the next digit of the answer. 
Result so far: 5280.0
Deduct 0 from 40 and we're left with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Moving on to step 7:
50 can be fit into 400 8 times, resulting in a remainder of 0.
Put 8 as the next digit of the answer. 
Result so far: 5280.8
If we take 400 away from 400, 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.

Step 8:
The number 50 fits into 0 0 times, leaving a remainder of 0.
The next digit of our result is 0. 
Result so far: 5280.8
Subtract 0 from 0 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 9:
When dividing 0 by 50, we get 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 5280.8
Subtract 0 from 0 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.

Our division results in 5280.8 with a remaining 0.0.