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\frac{348000}{357768}-1
Expand \frac{3480}{3577.68} by multiplying both numerator and the denominator by 100.
\frac{14500}{14907}-1
Reduce the fraction \frac{348000}{357768} to lowest terms by extracting and canceling out 24.
\frac{14500}{14907}-\frac{14907}{14907}
Convert 1 to fraction \frac{14907}{14907}.
\frac{14500-14907}{14907}
Since \frac{14500}{14907} and \frac{14907}{14907} have the same denominator, subtract them by subtracting their numerators.
-\frac{407}{14907}
Subtract 14907 from 14500 to get -407.