1/2 or one over two. Or any number where the denominator is double of numerator.
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The fraction 2/8 is equivalent to 1/4, as 1*2=2 and 4*2=8. By the way, you can multiply a fraction like 1/4 by 2/2 because 2 divided by 2 is one, and so you are only changing the numbers displayed, but the value of the fraction stays the same, as the numerator and denominator increase at the same rate, proportionally.
equivalent fraction of 3/4 = 6/8
31 4
8/4 = 2/1 = 2
You can multiply or divide by 2 in order to keep the same fraction, so it could be 1/4 or 8/16.