We're dividing 12122700 by 240 
Let's see how many times 240 fits into 12122700.

Advancing to step 1:
If we divide 1 by 240, we get 0 and a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtract 0 from 1 to get 1.
Take the next digit (2) from the dividend and append it to 1, then repeat: 12 / 240

Let's proceed to step 2:
The number 240 fits into 12 0 times, leaving a remainder of 12.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we subtract 0 from 12, we get 12.
Fetch the next digit (1) from the dividend, attach it to 12 and continue: 121 / 240

Going ahead to step 3:
240 can be fit into 121 0 times, resulting in a remainder of 121.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtracting 0 from 121 leaves us with 121.
Grab the next digit (2) from the dividend, add it to 121, then carry on: 1212 / 240

On to step 4:
240 can be fit into 1212 5 times, resulting in a remainder of 12.
The next digit of our result is 5. 
Result so far: 5.0
Subtracting 1200 from 1212 leaves us with 12.
Bring next digit (2) of the dividend behind the 12 and repeat the process: 122 / 240

Moving on to step 5:
The number 240 fits into 122 0 times, leaving a remainder of 122.
Put 0 as the next digit of the answer. 
Result so far: 50.0
The remainder is 122 after subtracting 0 from 122.
Bring next digit (7) of the dividend behind the 122 and repeat the process: 1227 / 240

Step 6:
1227 divided by 240 is 5 with a remainder of 27.
Record the quotient 5 as the next digit in the result. 
Result so far: 505.0
Deduct 1200 from 1227 and we're left with 27.
Append the next digit (0) from the dividend to 27 and continue with: 270 / 240

On to step 7:
The number 240 fits into 270 1 times, leaving a remainder of 30.
Write down 1 as next digit of the result. 
Result so far: 5051.0
If we take 240 away from 270, we end up with 30.
Bring next digit (0) of the dividend behind the 30 and repeat the process: 300 / 240

On to step 8:
If we divide 300 by 240, we get 1 and a remainder of 60.
The number 1 becomes the next digit in our result. 
Result so far: 50511.0
Subtract 240 from 300 to get 60.
Since there are no more digits in the dividend, we add a zero to the remainder making it 600, and continue the process.

On to step 9:
240 goes into 600 2 times with a remainder of 120.
Record the quotient 2 as the next digit in the result. 
Result so far: 50511.2
If we subtract 480 from 600, we get 120.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1200, and continue the process.

Step 10:
If we divide 1200 by 240, we get 5 and a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 50511.25
If we subtract 1200 from 1200, 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 11:
240 can be fit into 0 0 times, resulting in a remainder of 0.
The next digit of our result is 0. 
Result so far: 50511.25
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.

Step 12:
If we divide 0 by 240, we get 0 and a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 50511.25
Subtracting 0 from 0 leaves us 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.

In conclusion, the division gives 50511.25 with a balance of 0.0.