Final answer:
To determine if fractions are equivalent, cross multiply by multiplying the numerator of one fraction by the denominator of the other and vice versa. If the products are equal, the fractions are equivalent.
Step-by-step explanation:
To determine whether the fractions 8/24 and 1/3 are equivalent, you can use the method of cross multiplication. Cross multiplying involves multiplying the numerator of one fraction by the denominator of the other and vice versa. If the resulting products are equal, then the fractions are equivalent. Let's apply this method to the given fractions:
8/24 = 1/3
8 × 3 = 1 × 24
24 = 24
The resulting products are equal, which means that the fractions 8/24 and 1/3 are equivalent. Therefore, the statement is True.