I remember DD struggling with fractions at GCSE time.
In a fraction such as 1/4, the number at the bottom is the number of equal parts you have divided something in to, and the number at the top is how many of these parts you actually have.
So if you divide a cake into 4 equal parts, so that each part is the same size and weight, each of those parts is called a quarter, expressed as 1/4 - one of the four parts.
If you have two of those parts you have two quarters, expressed as 2/4.
Three parts is 3/4, and if you have all four parts you have 4/4, or four of the four quarters. 4/4 is the same as 1, because you have one whole cake.
You can divide the cake equally by size or weight, it doesn't matter. And if you were dividing up liquid, say a bottle of coke, you'd divide by centilitres. So if you have a 100cl bottle, each quarter would be 25cl
It's more complicated when numbers don't divide easily eg if the bottle was a 75cl one. Then each quarter would be 18,75cl.
When you divide up a cake or a pizza into 8 equal parts, and you take 2 of those (2/8), you will see if you draw it, or cut an actual cake, that having 2/8 off the cake is actually the same s as having 1/4 of it.