Finding modular of a fraction
Writing fractions like $\frac{1}{3} \pmod{8}$ is the same as writing $3^{-1}$ which is the inverse of $3$ modulo $8$.
In other words, when you write $\frac{a}{b} \pmod{n}$ you're referring to a number $k$ such that $bk \equiv a \pmod {n}$ but you should pay attention that this fraction is defined if and only if $\gcd(b,n)=1$. In other words, the denominator must be relatively prime to the modulus.
To find what number modulo $n$ this fraction represents, you need to evaluate $b^{-1}$. You can do that by using the Euclidean algorithm to solve the Bézout equation $bx + ny = 1$. The $x$ in this equation will give you $b^{-1}$. If you know the factorization of $n$ you can also use Euler's totient function by noting that $b^{-1} \equiv b^{\varphi(n)-1} \pmod{n}$. After you know what $b^{-1}$ is you will see that $k \equiv a \dot b^{-1} \pmod {n}$.
n ≡ (1/3) (mod 8) 3n ≡ 1 (mod 8) try n= 1,2,3 when n=1 3 mod 8 is zero when n=2, 6 mod 8 is zero when n=3, 9 mod 8 is 1, (this is our answer)
So answer is 3
This method can be used for any fractions Another example: 2/5 mod 3
5n mod 3 = 2
try group of {0, 1, 2} which satisfy the above,
result n=1
The important property of $1/3$ is that $1/3 \cdot 3 = 1$. So, what number, when multiplied by $3$, is $1$ mod $8$?
Showing when $x^{-1} \pmod n$ exists and that it is unique is not too terrible either
EDIT: I didn't see "finding it". Check out the Extended Euclidian algorithm.
Calculating modulo 8, we have $\frac{1}{3} = \frac{3}{9} = \frac{3}{1} = 3$.