Question : The sum of three fractions is $2\frac{11}{24}$. On dividing the largest faction by the smallest fraction, $\frac{7}{6}$ is obtained which is $\frac{1}{3}$ greater than the middle fraction. The smallest fraction is:
Option 1: $\frac{5}{8}$
Option 2: $\frac{3}{4}$
Option 3: $\frac{5}{6}$
Option 4: $\frac{3}{7}$
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