Could you provide examples from real-life scenarios where the division of mixed fractions is commonly applied?
Division of mixed fractions is commonly applied in various fields like cooking, construction, financial calculations, healthcare, time management, production and transportation. For example, in construction, if plank of wood is 4 2/5 feet long and need to divide into equal sections where each section should be 2 3/5 feet long. By dividing 4 2/5 by 2 3/5, we find that each section should be 1 9/13 feet long.