Step 1: Rewrite the division as a multiplication problem. To do this, invert the second fraction (flip it upside down) and multiply it by the first fraction.

(Numerator/Denominator) / (Numerator/Denominator) = (Numerator/Denominator) x (Denominator/Numerator)

Step 2: Simplify the resulting fraction by canceling common factors in the numerator and denominator.

Step 3: Reduce the fraction to its lowest terms by dividing both the numerator and denominator by their greatest common factor.

Here is an example of how to divide fractions:

(2/3) / (1/4) = (2/3) x (4/1) = (8/3)

Simplifying the fraction:

(8/3) = (4/3) x (2/1) = (4/3) x 2 = 8/3

The answer is 8/3.