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\frac{4}{5}\times \frac{15}{16}-\frac{2}{3}
Divide \frac{4}{5} by \frac{16}{15} by multiplying \frac{4}{5} by the reciprocal of \frac{16}{15}.
\frac{4\times 15}{5\times 16}-\frac{2}{3}
Multiply \frac{4}{5} times \frac{15}{16} by multiplying numerator times numerator and denominator times denominator.
\frac{60}{80}-\frac{2}{3}
Do the multiplications in the fraction \frac{4\times 15}{5\times 16}.
\frac{3}{4}-\frac{2}{3}
Reduce the fraction \frac{60}{80} to lowest terms by extracting and canceling out 20.
\frac{9}{12}-\frac{8}{12}
Least common multiple of 4 and 3 is 12. Convert \frac{3}{4} and \frac{2}{3} to fractions with denominator 12.
\frac{9-8}{12}
Since \frac{9}{12} and \frac{8}{12} have the same denominator, subtract them by subtracting their numerators.
\frac{1}{12}
Subtract 8 from 9 to get 1.