Answer :

[tex]\frac{24}{40}=\frac{3*8}{5*8}=\frac{3}{5} [/tex]
To find whether these two fractions are equivalent we need to find the ratio of the numerators and the ratio of the denominators.
The ratio of the numerators is 24:3 or 8:1
The ratio of the denominators is 40:5 or 8:1
Therefore they are equivalent fractions.