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\frac{24+16\times \frac{1}{2}}{40}
Reduce the fraction \frac{50}{100} to lowest terms by extracting and canceling out 50.
\frac{24+\frac{16}{2}}{40}
Multiply 16 and \frac{1}{2} to get \frac{16}{2}.
\frac{24+8}{40}
Divide 16 by 2 to get 8.
\frac{32}{40}
Add 24 and 8 to get 32.
\frac{4}{5}
Reduce the fraction \frac{32}{40} to lowest terms by extracting and canceling out 8.