1/4 is a fraction in lowest terms.
added:
1/4 is already a fraction in it's lowest terms. Unless you are supposed to be converting it to decimals, which is 0.25, or percents, 25%, then that is your final answer.
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14 over 56 as a fraction in its lowest terms = 1/4
3/24 = 1/8 in its lowest terms
1/4
It is: 1/8
2 over 4 in the lowest term is 1/2 or a half (0.50)