Equivalent fractions are fractions which represent the same part of the whole.
To find an equivalent fraction of a given fraction, we multiply or divide both the numerator and the denominator of the given fraction by the same number.
Now, 48 ÷ 12 = 4
This means we need to divide both the numerator and the denominator by 12.
Therefore, the required equivalent fraction =3648=36 ÷ 1248 ÷ 12=34