Step 1: Given
\[
p = \sum_{r=1}^{50} \tan^{-1}\left(\frac{1}{2r^2}\right)
\]
Rewrite:
\[
\frac{1}{2r^2} = \frac{2}{4r^2}
\]
\[
p = \sum_{r=1}^{50} \tan^{-1}\left(\frac{2}{4r^2}\right)
\]
Step 2: Use identity
\[
\tan^{-1}A - \tan^{-1}B = \tan^{-1}\left(\frac{A-B}{1+AB}\right)
\]
Let:
\[
A = 2r+1,\quad B = 2r-1
\]
Then:
\[
A-B = 2,\quad 1+AB = 1 + (2r+1)(2r-1) = 4r^2
\]
\[
\Rightarrow \frac{A-B}{1+AB} = \frac{2}{4r^2}
\]
Step 3: Substitute:
\[
p = \sum_{r=1}^{50} \left[\tan^{-1}(2r+1) - \tan^{-1}(2r-1)\right]
\]
Step 4: Telescoping:
\[
p = (\tan^{-1}3 - \tan^{-1}1)
+ (\tan^{-1}5 - \tan^{-1}3)
+ \cdots
+ (\tan^{-1}101 - \tan^{-1}99)
\]
Cancelling terms:
\[
p = \tan^{-1}(101) - \tan^{-1}(1)
\]
Step 5: Use identity again:
\[
p = \tan^{-1}\left(\frac{101-1}{1 + 101\cdot1}\right)
= \tan^{-1}\left(\frac{100}{102}\right)
= \tan^{-1}\left(\frac{50}{51}\right)
\]
Step 6: Find $\tan p$:
\[
\tan p = \frac{50}{51}
\]
Final Answer:
\[
\boxed{\frac{50}{51}}
\]