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\frac{\frac{7}{24}-\frac{2}{24}}{\frac{5}{12}}
Least common multiple of 24 and 12 is 24. Convert \frac{7}{24} and \frac{1}{12} to fractions with denominator 24.
\frac{\frac{7-2}{24}}{\frac{5}{12}}
Since \frac{7}{24} and \frac{2}{24} have the same denominator, subtract them by subtracting their numerators.
\frac{\frac{5}{24}}{\frac{5}{12}}
Subtract 2 from 7 to get 5.
\frac{5}{24}\times \frac{12}{5}
Divide \frac{5}{24} by \frac{5}{12} by multiplying \frac{5}{24} by the reciprocal of \frac{5}{12}.
\frac{5\times 12}{24\times 5}
Multiply \frac{5}{24} times \frac{12}{5} by multiplying numerator times numerator and denominator times denominator.
\frac{12}{24}
Cancel out 5 in both numerator and denominator.
\frac{1}{2}
Reduce the fraction \frac{12}{24} to lowest terms by extracting and canceling out 12.