24/50 as a percentage is 48.00%. This means that the fraction represents just under half of a whole when you look at it in percent form.
The fraction 24/50 can be reduced to 12/25, which is a tidy way to see the same value without large numbers. Both forms show the same proportion of a whole.
In everyday life you might see this percentage on a price tag or a test score—something that’s a little less than half. It’s a handy number to remember when you need a quick mental estimate.