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\frac{37.58-15.08}{12\times 3}
Express \frac{\frac{37.58-15.08}{12}}{3} as a single fraction.
\frac{22.5}{12\times 3}
Subtract 15.08 from 37.58 to get 22.5.
\frac{22.5}{36}
Multiply 12 and 3 to get 36.
\frac{225}{360}
Expand \frac{22.5}{36} by multiplying both numerator and the denominator by 10.
\frac{5}{8}
Reduce the fraction \frac{225}{360} to lowest terms by extracting and canceling out 45.