We're dividing 62962842 by 480 
We want to figure out the number of times 62962842 can be divided by 480.

Step 1:
480 can be fit into 6 0 times, resulting in a remainder of 6.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Subtracting 0 from 6 leaves us with 6.
Include the next digit (2) from the dividend after 6, then repeat: 62 / 480

Advancing to step 2:
When dividing 62 by 480, we get 0 with a remainder of 62.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtract 0 from 62 to get 62.
Include the next digit (9) from the dividend after 62, then repeat: 629 / 480

Going ahead to step 3:
480 can be fit into 629 1 times, resulting in a remainder of 149.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
The remainder is 149 after subtracting 480 from 629.
Include the next digit (6) from the dividend after 149, then repeat: 1496 / 480

Going ahead to step 4:
480 can be fit into 1496 3 times, resulting in a remainder of 56.
The next digit of our result is 3. 
Result so far: 13.0
If we subtract 1440 from 1496, we get 56.
Append the next digit (2) from the dividend to 56 and continue with: 562 / 480

Moving on to step 5:
If we divide 562 by 480, we get 1 and a remainder of 82.
The next digit of our result is 1. 
Result so far: 131.0
Subtracting 480 from 562 leaves us with 82.
Fetch the next digit (8) from the dividend, attach it to 82 and continue: 828 / 480

Going ahead to step 6:
If we divide 828 by 480, we get 1 and a remainder of 348.
Put 1 as the next digit of the answer. 
Result so far: 1311.0
If we subtract 480 from 828, we get 348.
Append the next digit (4) from the dividend to 348 and continue with: 3484 / 480

Advancing to step 7:
The number 480 fits into 3484 7 times, leaving a remainder of 124.
Record the quotient 7 as the next digit in the result. 
Result so far: 13117.0
If we take 3360 away from 3484, we end up with 124.
Take the next digit (2) from the dividend and append it to 124, then repeat: 1242 / 480

Going ahead to step 8:
480 goes into 1242 2 times with a remainder of 282.
Use 2 as the next digit of our solution. 
Result so far: 131172.0
Deduct 960 from 1242 and we're left with 282.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2820, and continue the process.

Advancing to step 9:
480 can be fit into 2820 5 times, resulting in a remainder of 420.
Write down 5 as next digit of the result. 
Result so far: 131172.5
Subtracting 2400 from 2820 leaves us with 420.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4200, and continue the process.

On to step 10:
480 can be fit into 4200 8 times, resulting in a remainder of 360.
Use 8 as the next digit of our solution. 
Result so far: 131172.58
Deduct 3840 from 4200 and we're left with 360.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3600, and continue the process.

Let's proceed to step 11:
When dividing 3600 by 480, we get 7 with a remainder of 240.
Record the quotient 7 as the next digit in the result. 
Result so far: 131172.587
Subtracting 3360 from 3600 leaves us with 240.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2400, and continue the process.

Moving on to step 12:
480 can be fit into 2400 5 times, resulting in a remainder of 0.
The next digit of our result is 5. 
Result so far: 131172.5875
Deduct 2400 from 2400 and we're left 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.

On to step 13:
The number 480 fits into 0 0 times, leaving a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 131172.5875
If we subtract 0 from 0, we 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.

Going ahead to step 14:
If we divide 0 by 480, we get 0 and a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 131172.5875
Deduct 0 from 0 and we're left 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.

The final outcome is 131172.5875, with a leftover of 0.0.