We look at the division of 48540338 by 123 
We want to figure out the number of times 48540338 can be divided by 123.

Let's proceed to step 1:
When dividing 4 by 123, we get 0 with a remainder of 4.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 4 after subtracting 0 from 4.
Fetch the next digit (8) from the dividend, attach it to 4 and continue: 48 / 123

Going ahead to step 2:
If we divide 48 by 123, we get 0 and a remainder of 48.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we subtract 0 from 48, we get 48.
Grab the next digit (5) from the dividend, add it to 48, then carry on: 485 / 123

Advancing to step 3:
If we divide 485 by 123, we get 3 and a remainder of 116.
Record the quotient 3 as the next digit in the result. 
Result so far: 3.0
The remainder is 116 after subtracting 369 from 485.
Append the next digit (4) from the dividend to 116 and continue with: 1164 / 123

Advancing to step 4:
If we divide 1164 by 123, we get 9 and a remainder of 57.
Record the quotient 9 as the next digit in the result. 
Result so far: 39.0
The remainder is 57 after subtracting 1107 from 1164.
Grab the next digit (0) from the dividend, add it to 57, then carry on: 570 / 123

On to step 5:
570 divided by 123 is 4 with a remainder of 78.
Record the quotient 4 as the next digit in the result. 
Result so far: 394.0
The remainder is 78 after subtracting 492 from 570.
Take the next digit (3) from the dividend and append it to 78, then repeat: 783 / 123

Step 6:
123 can be fit into 783 6 times, resulting in a remainder of 45.
Put 6 as the next digit of the answer. 
Result so far: 3946.0
Deduct 738 from 783 and we're left with 45.
Grab the next digit (3) from the dividend, add it to 45, then carry on: 453 / 123

Let's proceed to step 7:
453 divided by 123 is 3 with a remainder of 84.
Record the quotient 3 as the next digit in the result. 
Result so far: 39463.0
Subtract 369 from 453 to get 84.
Include the next digit (8) from the dividend after 84, then repeat: 848 / 123

Going ahead to step 8:
The number 123 fits into 848 6 times, leaving a remainder of 110.
The next digit of our result is 6. 
Result so far: 394636.0
The remainder is 110 after subtracting 738 from 848.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1100, and continue the process.

Going ahead to step 9:
123 goes into 1100 8 times with a remainder of 116.
Record the quotient 8 as the next digit in the result. 
Result so far: 394636.8
Subtracting 984 from 1100 leaves us with 116.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1160, and continue the process.

Let's proceed to step 10:
123 goes into 1160 9 times with a remainder of 53.
Write down 9 as next digit of the result. 
Result so far: 394636.89
Subtracting 1107 from 1160 leaves us with 53.
Since there are no more digits in the dividend, we add a zero to the remainder making it 530, and continue the process.

Step 11:
123 can be fit into 530 4 times, resulting in a remainder of 38.
Use 4 as the next digit of our solution. 
Result so far: 394636.894
If we take 492 away from 530, we end up with 38.
Since there are no more digits in the dividend, we add a zero to the remainder making it 380, and continue the process.

Step 12:
380 divided by 123 is 3 with a remainder of 11.
Use 3 as the next digit of our solution. 
Result so far: 394636.8943
Subtracting 369 from 380 leaves us with 11.
Since there are no more digits in the dividend, we add a zero to the remainder making it 110, and continue the process.

Advancing to step 13:
When dividing 110 by 123, we get 0 with a remainder of 110.
Use 0 as the next digit of our solution. 
Result so far: 394636.8943
If we subtract 0 from 110, we get 110.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1100, and continue the process.

Advancing to step 14:
123 goes into 1100 8 times with a remainder of 116.
Put 8 as the next digit of the answer. 
Result so far: 394636.894308
The remainder is 116 after subtracting 984 from 1100.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1160, and continue the process.

On to step 15:
123 can be fit into 1160 9 times, resulting in a remainder of 53.
Put 9 as the next digit of the answer. 
Result so far: 394636.8943089
Subtracting 1107 from 1160 leaves us with 53.
Since there are no more digits in the dividend, we add a zero to the remainder making it 530, and continue the process.

Let's proceed to step 16:
530 divided by 123 is 4 with a remainder of 38.
Write down 4 as next digit of the result. 
Result so far: 394636.89430894
Subtract 492 from 530 to get 38.
Since there are no more digits in the dividend, we add a zero to the remainder making it 380, and continue the process.

The quotient of the division is 394636.89430894, and the remainder is 3.8e-08.