54538 ÷ 2 = 27269 R0
Let's divide 54538 by 2.

Step 1:
2 goes into 5 2 times with a remainder of 1.
Write down 2 as next digit of of the result. 
Result so far: 2
Subtract 4 from 5 to get 1.
Bring next digit (4) of the dividend behind the 1 and repeat the process: 14 / 2

Step 2:
2 goes into 14 7 times with a remainder of 0.
Write down 7 as next digit of of the result. 
Result so far: 27
Subtract 14 from 14 to get 0.
Bring next digit (5) of the dividend behind the 0 and repeat the process: 5 / 2

Step 3:
2 goes into 5 2 times with a remainder of 1.
Write down 2 as next digit of of the result. 
Result so far: 272
Subtract 4 from 5 to get 1.
Bring next digit (3) of the dividend behind the 1 and repeat the process: 13 / 2

Step 4:
2 goes into 13 6 times with a remainder of 1.
Write down 6 as next digit of of the result. 
Result so far: 2726
Subtract 12 from 13 to get 1.
Bring next digit (8) of the dividend behind the 1 and repeat the process: 18 / 2

Step 5:
2 goes into 18 9 times with a remainder of 0.
Write down 9 as next digit of of the result. 
Result so far: 27269
Subtract 18 from 18 to get 0.

The final result is 27269 with a remainder of 0.