Equivalent fractions
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Equivalent Fractions are fractions which are equal to the same value. 1/2 and 2/4 are equivalent fractions because 1/2 = 0.5 and 2/4 = 0.5.
Equivalent Fractions aren't limited to those with equivalent decimal representations, either. For example,transcendental fractions, such as (pi)/2 and 2(pi)/4 are also equivalent, even though their decimal representations are theoretically incomparable.