MCMIL You have M for 1000, then to represent 900 you have CM (1000 - 100).
The 'smaller number' to the left of a larger number, means it is subtracted from the larger number (like IX means 10 - 1 or 9).
So then to get 49 we subtract 1 from 50: IL. So it is MCMIL
Additonal Information:-
In today's notation of Roman numerals 1949 is: MCMXLIX
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1949 in Roman Numerals is MCMXLIX
It is: 27 = XXVII when converted into Roman numerals
April 24, 2010 converted to Roman numerals is XXIV.IV.MMX.
1949
The Roman numerals lvi or LVI converted into Arabic numerals are 56