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\frac{5}{12}+\frac{1}{3}-\frac{1}{4}
The opposite of -\frac{1}{3} is \frac{1}{3}.
\frac{5}{12}+\frac{4}{12}-\frac{1}{4}
Least common multiple of 12 and 3 is 12. Convert \frac{5}{12} and \frac{1}{3} to fractions with denominator 12.
\frac{5+4}{12}-\frac{1}{4}
Since \frac{5}{12} and \frac{4}{12} have the same denominator, add them by adding their numerators.
\frac{9}{12}-\frac{1}{4}
Add 5 and 4 to get 9.
\frac{3}{4}-\frac{1}{4}
Reduce the fraction \frac{9}{12} to lowest terms by extracting and canceling out 3.
\frac{3-1}{4}
Since \frac{3}{4} and \frac{1}{4} have the same denominator, subtract them by subtracting their numerators.
\frac{2}{4}
Subtract 1 from 3 to get 2.
\frac{1}{2}
Reduce the fraction \frac{2}{4} to lowest terms by extracting and canceling out 2.