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\begin{array}{l}\phantom{50)}\phantom{1}\\50\overline{)2400}\\\end{array}
Use the 1^{st} digit 2 from dividend 2400
\begin{array}{l}\phantom{50)}0\phantom{2}\\50\overline{)2400}\\\end{array}
Since 2 is less than 50, use the next digit 4 from dividend 2400 and add 0 to the quotient
\begin{array}{l}\phantom{50)}0\phantom{3}\\50\overline{)2400}\\\end{array}
Use the 2^{nd} digit 4 from dividend 2400
\begin{array}{l}\phantom{50)}00\phantom{4}\\50\overline{)2400}\\\end{array}
Since 24 is less than 50, use the next digit 0 from dividend 2400 and add 0 to the quotient
\begin{array}{l}\phantom{50)}00\phantom{5}\\50\overline{)2400}\\\end{array}
Use the 3^{rd} digit 0 from dividend 2400
\begin{array}{l}\phantom{50)}004\phantom{6}\\50\overline{)2400}\\\phantom{50)}\underline{\phantom{}200\phantom{9}}\\\phantom{50)9}40\\\end{array}
Find closest multiple of 50 to 240. We see that 4 \times 50 = 200 is the nearest. Now subtract 200 from 240 to get reminder 40. Add 4 to quotient.
\begin{array}{l}\phantom{50)}004\phantom{7}\\50\overline{)2400}\\\phantom{50)}\underline{\phantom{}200\phantom{9}}\\\phantom{50)9}400\\\end{array}
Use the 4^{th} digit 0 from dividend 2400
\begin{array}{l}\phantom{50)}0048\phantom{8}\\50\overline{)2400}\\\phantom{50)}\underline{\phantom{}200\phantom{9}}\\\phantom{50)9}400\\\phantom{50)}\underline{\phantom{9}400\phantom{}}\\\phantom{50)9999}0\\\end{array}
Find closest multiple of 50 to 400. We see that 8 \times 50 = 400 is the nearest. Now subtract 400 from 400 to get reminder 0. Add 8 to quotient.
\text{Quotient: }48 \text{Reminder: }0
Since 0 is less than 50, stop the division. The reminder is 0. The topmost line 0048 is the quotient. Remove all zeros at the start of the quotient to get the actual quotient 48.