The document defines equivalent fractions as fractions that represent the same value. A fractional equivalent of one is when the numerator and denominator are the same. To write a fraction in simplest form, you find the greatest common factor (GCF) of the numerator and denominator and divide both by the GCF. For the fraction 3/12, the GCF is 3. Dividing the numerator and denominator by 3 yields the simplest form of 1/4.