Your neighborhood would like to raise funds to update the equipment in the neighborhood park. They hold a bake sale and raise 3/8 of the desired funds and then have a neighborhood yard sale and raise another 1/4 . What is the total fractional amount of the desired funds they have raised?

A. 5/8
B. 1/2
C. 1/3
D. 1/8

To find the total fractional amount of the desired funds raised, we need to find the sum of 3/8 and 1/4.

To add fractions, we need a common denominator. The least common denominator of 8 and 4 is 8, so we can rewrite both fractions with this denominator.

3/8 + 1/4 = (3/8)*(2/2) + (1/4)*(2/2) = 6/16 + 2/16 = 8/16.

Now, we can simplify the fraction. Both the numerator and denominator can be divided by 8.

8/16 = (8/8)*(1/2) = 1/2.

Therefore, the total fractional amount of the desired funds they have raised is 1/2.

So, the answer is B. 1/2.