We look at the division of 12608272 by 501 
We want to figure out the number of times 12608272 can be divided by 501.

On to step 1:
If we divide 1 by 501, we get 0 and a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtracting 0 from 1 leaves us with 1.
Append the next digit (2) from the dividend to 1 and continue with: 12 / 501

Moving on to step 2:
If we divide 12 by 501, we get 0 and a remainder of 12.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtract 0 from 12 to get 12.
Take the next digit (6) from the dividend and append it to 12, then repeat: 126 / 501

Moving on to step 3:
126 divided by 501 is 0 with a remainder of 126.
The next digit of our result is 0. 
Result so far: 0.0
Subtracting 0 from 126 leaves us with 126.
Take the next digit (0) from the dividend and append it to 126, then repeat: 1260 / 501

On to step 4:
If we divide 1260 by 501, we get 2 and a remainder of 258.
Record the quotient 2 as the next digit in the result. 
Result so far: 2.0
Subtract 1002 from 1260 to get 258.
Grab the next digit (8) from the dividend, add it to 258, then carry on: 2588 / 501

Advancing to step 5:
The number 501 fits into 2588 5 times, leaving a remainder of 83.
Write down 5 as next digit of the result. 
Result so far: 25.0
The remainder is 83 after subtracting 2505 from 2588.
Grab the next digit (2) from the dividend, add it to 83, then carry on: 832 / 501

On to step 6:
501 can be fit into 832 1 times, resulting in a remainder of 331.
Write down 1 as next digit of the result. 
Result so far: 251.0
Subtracting 501 from 832 leaves us with 331.
Include the next digit (7) from the dividend after 331, then repeat: 3317 / 501

Moving on to step 7:
501 goes into 3317 6 times with a remainder of 311.
Write down 6 as next digit of the result. 
Result so far: 2516.0
Subtracting 3006 from 3317 leaves us with 311.
Take the next digit (2) from the dividend and append it to 311, then repeat: 3112 / 501

Moving on to step 8:
501 can be fit into 3112 6 times, resulting in a remainder of 106.
Record the quotient 6 as the next digit in the result. 
Result so far: 25166.0
Subtract 3006 from 3112 to get 106.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1060, and continue the process.

On to step 9:
1060 divided by 501 is 2 with a remainder of 58.
Put 2 as the next digit of the answer. 
Result so far: 25166.2
Subtracting 1002 from 1060 leaves us with 58.
Since there are no more digits in the dividend, we add a zero to the remainder making it 580, and continue the process.

Moving on to step 10:
If we divide 580 by 501, we get 1 and a remainder of 79.
Write down 1 as next digit of the result. 
Result so far: 25166.21
If we take 501 away from 580, we end up with 79.
Since there are no more digits in the dividend, we add a zero to the remainder making it 790, and continue the process.

Step 11:
If we divide 790 by 501, we get 1 and a remainder of 289.
Record the quotient 1 as the next digit in the result. 
Result so far: 25166.211
If we take 501 away from 790, we end up with 289.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2890, and continue the process.

The final result is 25166.211 with a remainder of 0.0289.