We look at the division of 29501221 by 500 
Let's see how many times 500 fits into 29501221.

On to step 1:
The number 500 fits into 2 0 times, leaving a remainder of 2.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we subtract 0 from 2, we get 2.
Grab the next digit (9) from the dividend, add it to 2, then carry on: 29 / 500

Going ahead to step 2:
If we divide 29 by 500, we get 0 and a remainder of 29.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 29 and we're left with 29.
Append the next digit (5) from the dividend to 29 and continue with: 295 / 500

Going ahead to step 3:
295 divided by 500 is 0 with a remainder of 295.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 295 leaves us with 295.
Take the next digit (0) from the dividend and append it to 295, then repeat: 2950 / 500

Advancing to step 4:
500 goes into 2950 5 times with a remainder of 450.
Record the quotient 5 as the next digit in the result. 
Result so far: 5.0
Subtract 2500 from 2950 to get 450.
Include the next digit (1) from the dividend after 450, then repeat: 4501 / 500

Moving on to step 5:
When dividing 4501 by 500, we get 9 with a remainder of 1.
The number 9 becomes the next digit in our result. 
Result so far: 59.0
Deduct 4500 from 4501 and we're left with 1.
Append the next digit (2) from the dividend to 1 and continue with: 12 / 500

On to step 6:
500 can be fit into 12 0 times, resulting in a remainder of 12.
Record the quotient 0 as the next digit in the result. 
Result so far: 590.0
If we take 0 away from 12, we end up with 12.
Grab the next digit (2) from the dividend, add it to 12, then carry on: 122 / 500

Moving on to step 7:
500 can be fit into 122 0 times, resulting in a remainder of 122.
Write down 0 as next digit of the result. 
Result so far: 5900.0
If we subtract 0 from 122, we get 122.
Include the next digit (1) from the dividend after 122, then repeat: 1221 / 500

Advancing to step 8:
500 goes into 1221 2 times with a remainder of 221.
Use 2 as the next digit of our solution. 
Result so far: 59002.0
The remainder is 221 after subtracting 1000 from 1221.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2210, and continue the process.

Moving on to step 9:
When dividing 2210 by 500, we get 4 with a remainder of 210.
The next digit of our result is 4. 
Result so far: 59002.4
The remainder is 210 after subtracting 2000 from 2210.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2100, and continue the process.

Moving on to step 10:
The number 500 fits into 2100 4 times, leaving a remainder of 100.
The next digit of our result is 4. 
Result so far: 59002.44
Deduct 2000 from 2100 and we're left with 100.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1000, and continue the process.

The quotient of the division is 59002.44, and the remainder is 0.1.