The document discusses adding and subtracting fractions with like denominators. It explains that fractions have like denominators if they have the same number on the bottom. To add fractions with like denominators, you add the top numbers and keep the bottom number the same. To subtract fractions with like denominators, you follow the same steps as addition but subtract the top numbers instead of adding them. Examples are provided to demonstrate both addition and subtraction of fractions with like denominators.