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Let the number is x
Now according to question,
(x - 1/2)*(1/2) = 1/8
=> {(2x - 1)/2}*(1/2) = 1/8
=> (2x - 1)/4 = 1/8
=> 2x - 1 = 4/8
=> 2x - 1 = 1/2
=> (2x - 1)*2 = 1
=> 4x - 2 = 1
=> 4x = 2+1
=> 4x = 3
=> x = 3/4
So the number is 3/4.