Find closest multiple of $15$ to $16$. We see that $1 \times 15 = 15$ is the nearest. Now subtract $15$ from $16$ to get reminder $1$. Add $1$ to quotient.
Find closest multiple of $15$ to $123$. We see that $8 \times 15 = 120$ is the nearest. Now subtract $120$ from $123$ to get reminder $3$. Add $8$ to quotient.
Since $3$ is less than $15$, stop the division. The reminder is $3$. The topmost line $0108$ is the quotient. Remove all zeros at the start of the quotient to get the actual quotient $108$.