gistfile1.py

        fractional_equivalents = {
            '1/32' : 0.03125,
            '1/16' : 0.06250,
            '3/32' : 0.09375,
            '1/8' : 0.12500,
            '5/32' : 0.15625,
            '3/16' : 0.18750,
            '7/32' : 0.21875,
            '1/4' : 0.25000,
            '9/32' : 0.28125,
            '5/16' : 0.31250,
            '11/32' : 0.34375,
            '3/8' : 0.37500,
            '13/32' : 0.40625,
            '7/16' : 0.43750,
            '15/32' : 0.46875,
            '1/2' : 0.50000,
            '17/32' : 0.53125,
            '9/16' : 0.56250,
            '19/32' : 0.59375,
            '5/8' : 0.62500,
            '21/32' : 0.65625,
            '11/16' : 0.68750,
            '23/32' : 0.71875,
            '3/4' : 0.75000,
            '25/32' : 0.78125,
            '13/16' : 0.81250,
            '27/32' : 0.84375,
            '7/8' : 0.87500,
            '29/32' : 0.90625,
            '15/16' : 0.93750,
            '31/32' : 0.96875,
        }

        closest_key, closest_value = min(fractional_equivalents.items(), key=lambda (_, v): abs(v - remainder_value))