We look at the division of 761701 by 40 
We're looking to find how many times 40 goes into 761701.

On to step 1:
If we divide 7 by 40, we get 0 and a remainder of 7.
The next digit of our result is 0. 
Result so far: 0.0
If we take 0 away from 7, we end up with 7.
Bring next digit (6) of the dividend behind the 7 and repeat the process: 76 / 40

Step 2:
76 divided by 40 is 1 with a remainder of 36.
Put 1 as the next digit of the answer. 
Result so far: 1.0
If we subtract 40 from 76, we get 36.
Grab the next digit (1) from the dividend, add it to 36, then carry on: 361 / 40

Moving on to step 3:
The number 40 fits into 361 9 times, leaving a remainder of 1.
The number 9 becomes the next digit in our result. 
Result so far: 19.0
Deduct 360 from 361 and we're left with 1.
Take the next digit (7) from the dividend and append it to 1, then repeat: 17 / 40

Advancing to step 4:
40 can be fit into 17 0 times, resulting in a remainder of 17.
The number 0 becomes the next digit in our result. 
Result so far: 190.0
The remainder is 17 after subtracting 0 from 17.
Fetch the next digit (0) from the dividend, attach it to 17 and continue: 170 / 40

Let's proceed to step 5:
170 divided by 40 is 4 with a remainder of 10.
Record the quotient 4 as the next digit in the result. 
Result so far: 1904.0
Deduct 160 from 170 and we're left with 10.
Append the next digit (1) from the dividend to 10 and continue with: 101 / 40

Step 6:
If we divide 101 by 40, we get 2 and a remainder of 21.
Put 2 as the next digit of the answer. 
Result so far: 19042.0
Deduct 80 from 101 and we're left with 21.
Since there are no more digits in the dividend, we add a zero to the remainder making it 210, and continue the process.

Advancing to step 7:
When dividing 210 by 40, we get 5 with a remainder of 10.
The next digit of our result is 5. 
Result so far: 19042.5
If we take 200 away from 210, we end up with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Let's proceed to step 8:
The number 40 fits into 100 2 times, leaving a remainder of 20.
The next digit of our result is 2. 
Result so far: 19042.52
Subtract 80 from 100 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 9:
If we divide 200 by 40, we get 5 and a remainder of 0.
Use 5 as the next digit of our solution. 
Result so far: 19042.525
If we take 200 away from 200, we end up 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.

Advancing to step 10:
The number 40 fits into 0 0 times, leaving a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 19042.525
If we take 0 away from 0, we end up 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 11:
When dividing 0 by 40, we get 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 19042.525
Subtract 0 from 0 to 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.

The quotient of the division is 19042.525, and the remainder is 0.0.