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\begin{array}{l}\phantom{240)}\phantom{1}\\240\overline{)1164}\\\end{array}
Use the 1^{st} digit 1 from dividend 1164
\begin{array}{l}\phantom{240)}0\phantom{2}\\240\overline{)1164}\\\end{array}
Since 1 is less than 240, use the next digit 1 from dividend 1164 and add 0 to the quotient
\begin{array}{l}\phantom{240)}0\phantom{3}\\240\overline{)1164}\\\end{array}
Use the 2^{nd} digit 1 from dividend 1164
\begin{array}{l}\phantom{240)}00\phantom{4}\\240\overline{)1164}\\\end{array}
Since 11 is less than 240, use the next digit 6 from dividend 1164 and add 0 to the quotient
\begin{array}{l}\phantom{240)}00\phantom{5}\\240\overline{)1164}\\\end{array}
Use the 3^{rd} digit 6 from dividend 1164
\begin{array}{l}\phantom{240)}000\phantom{6}\\240\overline{)1164}\\\end{array}
Since 116 is less than 240, use the next digit 4 from dividend 1164 and add 0 to the quotient
\begin{array}{l}\phantom{240)}000\phantom{7}\\240\overline{)1164}\\\end{array}
Use the 4^{th} digit 4 from dividend 1164
\begin{array}{l}\phantom{240)}0004\phantom{8}\\240\overline{)1164}\\\phantom{240)}\underline{\phantom{9}960\phantom{}}\\\phantom{240)9}204\\\end{array}
Find closest multiple of 240 to 1164. We see that 4 \times 240 = 960 is the nearest. Now subtract 960 from 1164 to get reminder 204. Add 4 to quotient.
\text{Quotient: }4 \text{Reminder: }204
Since 204 is less than 240, stop the division. The reminder is 204. The topmost line 0004 is the quotient. Remove all zeros at the start of the quotient to get the actual quotient 4.