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\left(5y-12\right)\times 30=\left(y-3\right)\times 240
Variable y cannot be equal to any of the values \frac{12}{5},3 since division by zero is not defined. Multiply both sides of the equation by \left(y-3\right)\left(5y-12\right), the least common multiple of y-3,5y-12.
150y-360=\left(y-3\right)\times 240
Use the distributive property to multiply 5y-12 by 30.
150y-360=240y-720
Use the distributive property to multiply y-3 by 240.
150y-360-240y=-720
Subtract 240y from both sides.
-90y-360=-720
Combine 150y and -240y to get -90y.
-90y=-720+360
Add 360 to both sides.
-90y=-360
Add -720 and 360 to get -360.
y=\frac{-360}{-90}
Divide both sides by -90.
y=4
Divide -360 by -90 to get 4.