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\frac{1}{8}-\frac{3}{2}
Convert decimal number 1.5 to fraction \frac{15}{10}. Reduce the fraction \frac{15}{10} to lowest terms by extracting and canceling out 5.
\frac{1}{8}-\frac{12}{8}
Least common multiple of 8 and 2 is 8. Convert \frac{1}{8} and \frac{3}{2} to fractions with denominator 8.
\frac{1-12}{8}
Since \frac{1}{8} and \frac{12}{8} have the same denominator, subtract them by subtracting their numerators.
-\frac{11}{8}
Subtract 12 from 1 to get -11.