We're dividing 488264 by 62 
We want to figure out the number of times 488264 can be divided by 62.

Moving on to step 1:
4 divided by 62 is 0 with a remainder of 4.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we subtract 0 from 4, we get 4.
Include the next digit (8) from the dividend after 4, then repeat: 48 / 62

Going ahead to step 2:
When dividing 48 by 62, we get 0 with a remainder of 48.
Put 0 as the next digit of the answer. 
Result so far: 0.0
If we subtract 0 from 48, we get 48.
Bring next digit (8) of the dividend behind the 48 and repeat the process: 488 / 62

Step 3:
The number 62 fits into 488 7 times, leaving a remainder of 54.
Put 7 as the next digit of the answer. 
Result so far: 7.0
Subtract 434 from 488 to get 54.
Grab the next digit (2) from the dividend, add it to 54, then carry on: 542 / 62

Let's proceed to step 4:
The number 62 fits into 542 8 times, leaving a remainder of 46.
The next digit of our result is 8. 
Result so far: 78.0
Subtract 496 from 542 to get 46.
Grab the next digit (6) from the dividend, add it to 46, then carry on: 466 / 62

Step 5:
The number 62 fits into 466 7 times, leaving a remainder of 32.
The number 7 becomes the next digit in our result. 
Result so far: 787.0
Subtracting 434 from 466 leaves us with 32.
Include the next digit (4) from the dividend after 32, then repeat: 324 / 62

On to step 6:
If we divide 324 by 62, we get 5 and a remainder of 14.
The number 5 becomes the next digit in our result. 
Result so far: 7875.0
The remainder is 14 after subtracting 310 from 324.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Going ahead to step 7:
140 divided by 62 is 2 with a remainder of 16.
The next digit of our result is 2. 
Result so far: 7875.2
Deduct 124 from 140 and we're left with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

On to step 8:
160 divided by 62 is 2 with a remainder of 36.
Put 2 as the next digit of the answer. 
Result so far: 7875.22
If we subtract 124 from 160, we get 36.
Since there are no more digits in the dividend, we add a zero to the remainder making it 360, and continue the process.

The final result is 7875.22 with a remainder of 0.036.