We're dividing 167265 by 68 
We want to figure out the number of times 167265 can be divided by 68.

Step 1:
68 can be fit into 1 0 times, resulting in a remainder of 1.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtract 0 from 1 to get 1.
Append the next digit (6) from the dividend to 1 and continue with: 16 / 68

Step 2:
If we divide 16 by 68, we get 0 and a remainder of 16.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Deduct 0 from 16 and we're left with 16.
Bring next digit (7) of the dividend behind the 16 and repeat the process: 167 / 68

Step 3:
167 divided by 68 is 2 with a remainder of 31.
The number 2 becomes the next digit in our result. 
Result so far: 2.0
If we take 136 away from 167, we end up with 31.
Bring next digit (2) of the dividend behind the 31 and repeat the process: 312 / 68

Step 4:
If we divide 312 by 68, we get 4 and a remainder of 40.
Record the quotient 4 as the next digit in the result. 
Result so far: 24.0
Deduct 272 from 312 and we're left with 40.
Fetch the next digit (6) from the dividend, attach it to 40 and continue: 406 / 68

Advancing to step 5:
68 goes into 406 5 times with a remainder of 66.
Write down 5 as next digit of the result. 
Result so far: 245.0
If we take 340 away from 406, we end up with 66.
Take the next digit (5) from the dividend and append it to 66, then repeat: 665 / 68

Going ahead to step 6:
When dividing 665 by 68, we get 9 with a remainder of 53.
Write down 9 as next digit of the result. 
Result so far: 2459.0
Deduct 612 from 665 and we're left with 53.
Since there are no more digits in the dividend, we add a zero to the remainder making it 530, and continue the process.

Going ahead to step 7:
If we divide 530 by 68, we get 7 and a remainder of 54.
Record the quotient 7 as the next digit in the result. 
Result so far: 2459.7
If we take 476 away from 530, we end up with 54.
Since there are no more digits in the dividend, we add a zero to the remainder making it 540, and continue the process.

Going ahead to step 8:
The number 68 fits into 540 7 times, leaving a remainder of 64.
The next digit of our result is 7. 
Result so far: 2459.77
If we subtract 476 from 540, we get 64.
Since there are no more digits in the dividend, we add a zero to the remainder making it 640, and continue the process.

In conclusion, the division gives 2459.77 with a balance of 0.064.