After some clarifications from replies to my sibling post, the answer is "definitely more than 50%" because the lift-induced versus parasitic drag curve is at its minimum when the two are equal, but the efficiency curve is a relatively flat-bottomed bathtub shape, so the cruising speed is selected to be faster than where this point is as you get significant reductions in travel time for relatively small reductions in total efficiency when you are near the 50% point and increase airspeed.