Simplifying Fractions

Fred starts his first day at the Fraction Factory, where Susanna guides him through the process of simplifying fractions using a machine. They learn to simplify fractions like 3/6, 6/8, and 4/12 by finding common factors and dividing both the numerator and denominator. Each simplified fraction corresponds to a specific price. The video concludes with a recap of the steps to simplify fractions and the importance of understanding that simplified fractions retain the same value as the original.

What is the largest common factor for the fraction 4 twelfths?

List the three steps involved in simplifying fractions as mentioned in the text.