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\frac{3}{8}+\frac{1}{12}-\frac{1}{2}
Multiply \frac{1}{12} and 1 to get \frac{1}{12}.
\frac{9}{24}+\frac{2}{24}-\frac{1}{2}
Least common multiple of 8 and 12 is 24. Convert \frac{3}{8} and \frac{1}{12} to fractions with denominator 24.
\frac{9+2}{24}-\frac{1}{2}
Since \frac{9}{24} and \frac{2}{24} have the same denominator, add them by adding their numerators.
\frac{11}{24}-\frac{1}{2}
Add 9 and 2 to get 11.
\frac{11}{24}-\frac{12}{24}
Least common multiple of 24 and 2 is 24. Convert \frac{11}{24} and \frac{1}{2} to fractions with denominator 24.
\frac{11-12}{24}
Since \frac{11}{24} and \frac{12}{24} have the same denominator, subtract them by subtracting their numerators.
-\frac{1}{24}
Subtract 12 from 11 to get -1.