Find closest multiple of $96$ to $762$. We see that $7 \times 96 = 672$ is the nearest. Now subtract $672$ from $762$ to get reminder $90$. Add $7$ to quotient.
Since $90$ is less than $96$, stop the division. The reminder is $90$. The topmost line $007$ is the quotient. Remove all zeros at the start of the quotient to get the actual quotient $7$.