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Algebra Difficulty 1.0 Junior Find the answer United Kingdom

What is the value of $(4 - \frac{1}{4}) \div (2 - \frac{1}{2})$ ?

(A) $1\frac{1}{2}$ (B) $2$ (C) $2\frac{1}{2}$ (D) $3$ (E) $4\frac{1}{4}$

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Source: UK Mathematics Trust, licensed © UK Mathematics Trust; past papers published free at ukmt.org.uk. Statement reproduced verbatim; metadata (topic, difficulty) added by this project. Solutions are the publisher's, linked not copied.