This part is designed to make you figure out what is important and make you think how this should be simplifed, before trying to put the description into symbols.
When the water is turned on at two spigots and passes through both the small and large hose, the pool can be filled in 4 hours.
Think through that long enough, and it may mean, "both the small and large hose combined".
These are the rates in the unit of POOL-WORTH per HOUR:
HOSES RATE
small hose 1/8
large hose 1/x
small and large hose together 1/4
Rate of agents working together is sum of the rates of the agents.
You can solve for x, which is what the question asks.