Explanation

To find the fraction that is less than 7/8 and greater than 1/3, we need to compare the given options:

• Convert all fractions to equivalent decimals:

    - 7/8 = 0.875

    - 1/3 = 0.333

    - 17/24 = 0.708

    - 1/4 = 0.25

    - 23/24 = 0.958

    - 11/12 = 0.917

• Identify the fraction that falls between 0.333 and 0.875:

    - 17/24 = 0.708 (this is the only fraction that meets the condition)

So, the correct answer is: 17/24