So I'm supposed to express:
$$1.24\overline{123}=1.24\;123\;123\;123\;\ldots$$ as the ratio of two integers.
So I got $$1+\frac{24}{100}+\frac{123}{10^5}+\cdots$$
I don't know if this is correct, and if it is, I also don't know how I would get the common ratio from this. Would the common ratio just be $\frac{1}{10^5}$? Am I doing this wrong?
Write it out a little longer:
$$\begin{align}1.24\overline{123} &= 1 + \frac{24}{100} + \left(\frac{123}{10^5} + \frac{123}{10^8} + \frac{123}{10^{11}} + \cdots\right)\\& = 1 + \frac{24}{100} + \frac{123}{10^5}\left(10^0 + 10^{-3} + 10^{-6} + \cdots\right)\end{align}$$
can you see the geometric series yet?
If you don't want to go through geometric series, there is also another way, more standardly taught in high schools. Starting with
$$\begin{align}x &= 1.24\overline{123}\\ 1000x&=1241.23\overline{123}\end{align}$$
you can subtract the two equations and get
$$999x = 1241.23\overline{123} - 1.24\overline{123} = 1239.99 = \frac{123999}{100}$$
and you can calculate $x$ from this easily.