1. The problem is to simplify the fraction $\frac{70}{50}$. 2. The formula for simplifying a fraction is to divide both numerator and denominator by their greatest common divisor (GCD). 3. Find the GCD of 70 and 50. The factors of 70 are 1, 2, 5, 7, 10, 14, 35, 70. The factors of 50 are 1, 2, 5, 10, 25, 50. The greatest common factor is 10. 4. Divide numerator and denominator by 10: $$\frac{\cancel{70}^{7}}{\cancel{50}^{5}} = \frac{7}{5}$$ 5. The simplified fraction is $\frac{7}{5}$. This means 70 divided by 50 simplifies to 7 over 5.