Answer
$\frac{11y}{12}$
Work Step by Step
By inspection, we see that the LCM of the denominators is $12$. Therefore, we create a common denominator to obtain:
$\frac{y}{6}+\frac{3y}{4}$
$=\frac{2(y)+3(3y)}{12}$
$=\frac{2y+9y}{12}$
$=\frac{11y}{12}$