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\frac{111}{50}-\frac{74}{1000}
Reduce the fraction \frac{222}{100} to lowest terms by extracting and canceling out 2.
\frac{111}{50}-\frac{37}{500}
Reduce the fraction \frac{74}{1000} to lowest terms by extracting and canceling out 2.
\frac{1110}{500}-\frac{37}{500}
Least common multiple of 50 and 500 is 500. Convert \frac{111}{50} and \frac{37}{500} to fractions with denominator 500.
\frac{1110-37}{500}
Since \frac{1110}{500} and \frac{37}{500} have the same denominator, subtract them by subtracting their numerators.
\frac{1073}{500}
Subtract 37 from 1110 to get 1073.