Another of looking at this:
Denominator = 100 (100 numbers from 1 to 100 inclusive)
No lets get the numerator:
There are 25 multiples of 4 between 1 and 100 inclusive, so 25 numbers are surely going to constitute the numerator.
1,2,
3,4,5,6,7,8
Also, you can observe that for every value, n which is a multiple of 4, n-1 *n will also qualify the criteria for our numerator because it will always contain n.
Hence our numerator should have 25 multiples of 4 multiples by 2 giving us 50 numbers for which n*(n+1) will be multiples of 4
So our answer becomes
50/100 = 1/2 (C)