742240 ÷ 60 
We're looking to find how many times 60 goes into 742240.

Advancing to step 1:
7 divided by 60 is 0 with a remainder of 7.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we take 0 away from 7, we end up with 7.
Take the next digit (4) from the dividend and append it to 7, then repeat: 74 / 60

On to step 2:
The number 60 fits into 74 1 times, leaving a remainder of 14.
Write down 1 as next digit of the result. 
Result so far: 1.0
The remainder is 14 after subtracting 60 from 74.
Bring next digit (2) of the dividend behind the 14 and repeat the process: 142 / 60

Going ahead to step 3:
When dividing 142 by 60, we get 2 with a remainder of 22.
Put 2 as the next digit of the answer. 
Result so far: 12.0
Subtract 120 from 142 to get 22.
Bring next digit (2) of the dividend behind the 22 and repeat the process: 222 / 60

Going ahead to step 4:
If we divide 222 by 60, we get 3 and a remainder of 42.
Use 3 as the next digit of our solution. 
Result so far: 123.0
If we subtract 180 from 222, we get 42.
Take the next digit (4) from the dividend and append it to 42, then repeat: 424 / 60

Let's proceed to step 5:
If we divide 424 by 60, we get 7 and a remainder of 4.
Record the quotient 7 as the next digit in the result. 
Result so far: 1237.0
The remainder is 4 after subtracting 420 from 424.
Include the next digit (0) from the dividend after 4, then repeat: 40 / 60

Advancing to step 6:
The number 60 fits into 40 0 times, leaving a remainder of 40.
Use 0 as the next digit of our solution. 
Result so far: 12370.0
If we take 0 away from 40, we end up with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

On to step 7:
60 can be fit into 400 6 times, resulting in a remainder of 40.
Record the quotient 6 as the next digit in the result. 
Result so far: 12370.6
Subtract 360 from 400 to get 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

On to step 8:
When dividing 400 by 60, we get 6 with a remainder of 40.
Write down 6 as next digit of the result. 
Result so far: 12370.66
Subtract 360 from 400 to get 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

The final result is 12370.66 with a remainder of 0.04.