No - expressed as a decimal, 49/30 is equal to 1.63 recurring (that is, 1.63333...)
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49/100 is less than 0.5 but 50/100 equals 0.5
49 and 30 have no common factor so there is no fraction for 49/30 with lower terms.
49 30s
30/98 = 15/49
30*32/27*72/49*1/40 = 1.306, approx.