We look at the division of 554960 by 98 
We're looking to find how many times 98 goes into 554960.

On to step 1:
The number 98 fits into 5 0 times, leaving a remainder of 5.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we subtract 0 from 5, we get 5.
Append the next digit (5) from the dividend to 5 and continue with: 55 / 98

Moving on to step 2:
98 goes into 55 0 times with a remainder of 55.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 55 and we're left with 55.
Take the next digit (4) from the dividend and append it to 55, then repeat: 554 / 98

Moving on to step 3:
If we divide 554 by 98, we get 5 and a remainder of 64.
The number 5 becomes the next digit in our result. 
Result so far: 5.0
Subtract 490 from 554 to get 64.
Grab the next digit (9) from the dividend, add it to 64, then carry on: 649 / 98

Advancing to step 4:
When dividing 649 by 98, we get 6 with a remainder of 61.
Record the quotient 6 as the next digit in the result. 
Result so far: 56.0
Deduct 588 from 649 and we're left with 61.
Bring next digit (6) of the dividend behind the 61 and repeat the process: 616 / 98

Going ahead to step 5:
616 divided by 98 is 6 with a remainder of 28.
Record the quotient 6 as the next digit in the result. 
Result so far: 566.0
The remainder is 28 after subtracting 588 from 616.
Append the next digit (0) from the dividend to 28 and continue with: 280 / 98

Going ahead to step 6:
The number 98 fits into 280 2 times, leaving a remainder of 84.
Put 2 as the next digit of the answer. 
Result so far: 5662.0
Deduct 196 from 280 and we're left with 84.
Since there are no more digits in the dividend, we add a zero to the remainder making it 840, and continue the process.

On to step 7:
98 goes into 840 8 times with a remainder of 56.
Record the quotient 8 as the next digit in the result. 
Result so far: 5662.8
Subtracting 784 from 840 leaves us with 56.
Since there are no more digits in the dividend, we add a zero to the remainder making it 560, and continue the process.

Going ahead to step 8:
The number 98 fits into 560 5 times, leaving a remainder of 70.
Write down 5 as next digit of the result. 
Result so far: 5662.85
If we take 490 away from 560, we end up with 70.
Since there are no more digits in the dividend, we add a zero to the remainder making it 700, and continue the process.

Step 9:
98 goes into 700 7 times with a remainder of 14.
Write down 7 as next digit of the result. 
Result so far: 5662.857
Subtracting 686 from 700 leaves us with 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Moving on to step 10:
140 divided by 98 is 1 with a remainder of 42.
Put 1 as the next digit of the answer. 
Result so far: 5662.8571
Subtract 98 from 140 to get 42.
Since there are no more digits in the dividend, we add a zero to the remainder making it 420, and continue the process.

Advancing to step 11:
98 goes into 420 4 times with a remainder of 28.
The next digit of our result is 4. 
Result so far: 5662.85714
If we take 392 away from 420, we end up with 28.
Since there are no more digits in the dividend, we add a zero to the remainder making it 280, and continue the process.

Advancing to step 12:
98 can be fit into 280 2 times, resulting in a remainder of 84.
Use 2 as the next digit of our solution. 
Result so far: 5662.857142
Deduct 196 from 280 and we're left with 84.
Since there are no more digits in the dividend, we add a zero to the remainder making it 840, and continue the process.

On to step 13:
98 goes into 840 8 times with a remainder of 56.
Use 8 as the next digit of our solution. 
Result so far: 5662.8571428
Subtracting 784 from 840 leaves us with 56.
Since there are no more digits in the dividend, we add a zero to the remainder making it 560, and continue the process.

On to step 14:
The number 98 fits into 560 5 times, leaving a remainder of 70.
The number 5 becomes the next digit in our result. 
Result so far: 5662.85714285
The remainder is 70 after subtracting 490 from 560.
Since there are no more digits in the dividend, we add a zero to the remainder making it 700, and continue the process.

In conclusion, the division gives 5662.85714285 with a balance of 7e-08.