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1200-\frac{1}{2}
Reduce the fraction \frac{50}{100} to lowest terms by extracting and canceling out 50.
\frac{2400}{2}-\frac{1}{2}
Convert 1200 to fraction \frac{2400}{2}.
\frac{2400-1}{2}
Since \frac{2400}{2} and \frac{1}{2} have the same denominator, subtract them by subtracting their numerators.
\frac{2399}{2}
Subtract 1 from 2400 to get 2399.