No, they are not equal. To compare, convert to a common denominator, for example, 24:
1/3 = 8/24
3/8 = 9/24
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Three eights (8+8+8) are equal to 24.Three eighths ( 3/8 ) are equal to 0.375, which is 12.5% bigger than one third.
Three eighths divided by 1 and one third = 9/32
three eighths
One and three fourths divided by five eighths = 24/5
M = one sixteenth