Is 1 1/4 + 2/8 =

1 8/32 + 8 /32 = 2
Then 4 1/2 - 2 = 2 1/2
Are these correct

You have an arithmetic error in this line.

1 8/32 + 8 /32 = 2

By the way -- the LCD of 4 and 8 is 8