How can PHP be utilized to convert decimal numbers into fractions efficiently and accurately?

To convert decimal numbers into fractions efficiently and accurately in PHP, we can use the `gmp` extension which provides arbitrary precision arithmetic functions. By using the `gmp` functions, we can accurately convert decimal numbers into fractions without losing precision.

$decimal = 3.14;
$precision = 10;

// Convert decimal to fraction
$multiplier = pow(10, $precision);
$numerator = gmp_strval(gmp_mul($decimal, $multiplier));
$denominator = $multiplier;

// Simplify fraction
$gcd = gmp_strval(gmp_gcd($numerator, $denominator));
$numerator /= $gcd;
$denominator /= $gcd;

echo "$numerator/$denominator";