1. The problem is to simplify the fraction $\frac{3}{4}$. 2. A fraction represents a part of a whole and is written as $\frac{a}{b}$ where $a$ is the numerator and $b$ is the denominator. 3. In this case, the fraction is $\frac{3}{4}$, which means 3 parts out of 4 equal parts. 4. Since 3 and 4 have no common factors other than 1, the fraction is already in its simplest form. 5. Therefore, the simplified fraction is $\frac{3}{4}$.