To convert a String to Numeric uses sql conversion functions like cast or convert.
Syntax
CAST ( expression AS datatype [ ( length ) ] )
CONVERT ( datatype [ ( length ) ] , expression [ , style ] )
Examples
SELECT CAST('127' AS NUMERIC);
SELECT CAST('127.86' AS NUMERIC(19,3));
SELECT CAST('127.862' AS NUMERIC(19,3));
SELECT CONVERT(NUMERIC, '123');
SELECT CONVERT(NUMERIC, '123.45');
SELECT CONVERT(NUMERIC, '123.75');
SELECT CONVERT(NUMERIC(19,4), '123.45');
SELECT CONVERT(NUMERIC(19,4), '123.4567');