Yes, 1/4th is less then 1/3rd.
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negative fourth fifths is less than negative one-third
one sixth will be lesser than one fourth
One-third is greater than one-fourth. With simple fractions, imagine it's a pie. Cut it into 3, you'll get a bigger piece than cutting it into 4.
1/3=.3333=33.33% 1/4=.25=25%
one quarter is less than one third