Multiplying and dividing fractions are essential mathematical operations used to solve various problems involving parts of a whole. Multiplying fractions involves finding the product of two fractions, while dividing fractions involves finding the quotient of one fraction by another.
Multiplying fractions is a useful skill in many real-world applications, such as calculating discounts, proportions, and rates. Dividing fractions is equally important, as it allows us to solve problems involving ratios, unit conversions, and probability.