A fraction is written in terms of two parts: the number on top is called the numerator and the number on the bottom is called the denominator. We can use the division method to solve this question. To get a decimal, simply divide the numerator 74 by the denominator 50:
74 (numerator) ÷ 50 (denominator) = 1.48
As a result, you get 1.48 as your answer when you convert 1 24/50 (or 74/50) to a decimal.