1/2
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There can be no answer. 50 cents can be expressed as a fraction only in the context of another quantity of money.
40 cents as a fraction = 40/100 or 4/10
Half of 50 cents in a fraction form would be 25% of one dollar. Half of fifty cents would be 25 cents. A person cannot purchase very much for 25 cents.
.50
Each cent is one half of 2 cents.