124/200 = 62%
A fraction like 124/200 could describe 124 students out of 200 choosing the same lunch, or 124 items out of 200 passing an inspection. In percentage form, that is 62%, which is a little more than half.
To picture 124/200 quickly, imagine a group of 200 people with 124 of them in one section. Since half of 200 is 100, the amount is 24 more than halfway, so it feels close to three-fifths.
A common mistake is thinking 124/200 is 124%, because the numerator is 124. The whole is represented by 200, so the value is less than 100%, not greater than it.