Solve the Division Problem: 124:100 Decimal Conversion

To solve this problem of dividing 124 by 100, we apply the following procedure:

• Step 1: Recognize that the number 124 can be simplified in our problem by considering it with a decimal for ease, $124 = 124.0$.
• Step 2: Understand that dividing by 100 means moving the decimal point two places to the left.
• Step 3: Move the decimal point from its original position (at the end of 124.0) to two places to the left. After sliding the decimal point, $124.0$ becomes $1.24$.

Hence, when we divide 124 by 100, the resulting number is $1.24$.