We divide 480062 by 60
We want to figure out the number of times 480062 can be divided by 60.

Step 1:
60 goes into 4 0 times with a remainder of 4.
The next digit of our result is 0. 
Result so far: 0.0
Subtracting 0 from 4 leaves us with 4.
Grab the next digit (8) from the dividend, add it to 4, then carry on: 48 / 60

Going ahead to step 2:
48 divided by 60 is 0 with a remainder of 48.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we subtract 0 from 48, we get 48.
Bring next digit (0) of the dividend behind the 48 and repeat the process: 480 / 60

Moving on to step 3:
The number 60 fits into 480 8 times, leaving a remainder of 0.
The next digit of our result is 8. 
Result so far: 8.0
Subtracting 480 from 480 leaves us with 0.
Append the next digit (0) from the dividend to 0 and continue with: 0 / 60

Let's proceed to step 4:
If we divide 0 by 60, we get 0 and a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 80.0
Subtracting 0 from 0 leaves us with 0.
Take the next digit (6) from the dividend and append it to 0, then repeat: 6 / 60

Let's proceed to step 5:
If we divide 6 by 60, we get 0 and a remainder of 6.
The number 0 becomes the next digit in our result. 
Result so far: 800.0
If we take 0 away from 6, we end up with 6.
Fetch the next digit (2) from the dividend, attach it to 6 and continue: 62 / 60

Step 6:
62 divided by 60 is 1 with a remainder of 2.
Write down 1 as next digit of the result. 
Result so far: 8001.0
If we subtract 60 from 62, we get 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

On to step 7:
When dividing 20 by 60, we get 0 with a remainder of 20.
Put 0 as the next digit of the answer. 
Result so far: 8001.0
Subtract 0 from 20 to get 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

On to step 8:
60 goes into 200 3 times with a remainder of 20.
The next digit of our result is 3. 
Result so far: 8001.03
Subtract 180 from 200 to get 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Going ahead to step 9:
200 divided by 60 is 3 with a remainder of 20.
Write down 3 as next digit of the result. 
Result so far: 8001.033
Deduct 180 from 200 and we're left with 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

In conclusion, the division gives 8001.033 with a balance of 0.002.