How can 12 students share 5 pieces of construction paper equally?

Answer 1

Yes.

Cutting each paper into 3 equal size pieces gives 15 pieces of paper.

Each student gets one piece and there are 3 left over.

Cutting the 3 leftover pieces each into 4 equal size pieces gives 12 pieces of paper, one for each student.

(1/3 + 1/12) x 12 = 5