It is important because you want small numbers, not big numbers. For example, would you rather have 100/100000 or 1/1000? 6/36 or 1/6?
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To simplify a fraction, you find a number that can be divided by the fraction you are simplifying. sometimes this does not always work and the fraction can not be simplified.
Simplify the fraction for your answer
First you add the fractions, then you see if you can simplify the result. You simplify it just as you would simplify any other fraction.
how do you simplify 7/56
All you have to do is find the Greatest Common Factor (GCF) of the numerator and the denominator then divide the fraction by the GCF to simplify a fraction. Hope this helps