In a spelling bee $50\%$ of the students were eliminated after the first round. Only $\frac{1}{3}$ of the remaining students were still in the contest after the second round. If 24 students were still in the contest after the second round, how many students began the contest?
Question:
In a spelling bee $50\%$ of the students were eliminated after the first round. Only $\frac{1}{3}$ of the remaining students were still in the contest after the second round. If 24 students were still in the contest after the second round, how many students began the contest?
Answer:
Let's think step by step.

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In a spelling bee $50\%$ of the students were eliminated after the first round. Only $\frac{1}{3}$ of the remaining students were still in the contest after the second round. If 24 students were still in the contest after the second round, how many students began the contest?
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