We're dividing 48940 by 60 
We want to divide 48940 by 60.

Advancing to step 1:
The number 60 fits into 4 0 times, leaving a remainder of 4.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 4 after subtracting 0 from 4.
Grab the next digit (8) from the dividend, add it to 4, then carry on: 48 / 60

Advancing to step 2:
When dividing 48 by 60, we get 0 with a remainder of 48.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtracting 0 from 48 leaves us with 48.
Include the next digit (9) from the dividend after 48, then repeat: 489 / 60

Let's proceed to step 3:
60 can be fit into 489 8 times, resulting in a remainder of 9.
The next digit of our result is 8. 
Result so far: 8.0
Deduct 480 from 489 and we're left with 9.
Grab the next digit (4) from the dividend, add it to 9, then carry on: 94 / 60

Going ahead to step 4:
60 goes into 94 1 times with a remainder of 34.
Record the quotient 1 as the next digit in the result. 
Result so far: 81.0
Subtracting 60 from 94 leaves us with 34.
Grab the next digit (0) from the dividend, add it to 34, then carry on: 340 / 60

On to step 5:
When dividing 340 by 60, we get 5 with a remainder of 40.
Write down 5 as next digit of the result. 
Result so far: 815.0
The remainder is 40 after subtracting 300 from 340.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

On to step 6:
60 can be fit into 400 6 times, resulting in a remainder of 40.
Put 6 as the next digit of the answer. 
Result so far: 815.6
If we subtract 360 from 400, we get 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Step 7:
When dividing 400 by 60, we get 6 with a remainder of 40.
The next digit of our result is 6. 
Result so far: 815.66
The remainder is 40 after subtracting 360 from 400.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

After the division, we end up with 815.66 and a remainder of 0.04.