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1-\frac{150}{2000}
Multiply \frac{1}{2000} and 150 to get \frac{150}{2000}.
1-\frac{3}{40}
Reduce the fraction \frac{150}{2000} to lowest terms by extracting and canceling out 50.
\frac{40}{40}-\frac{3}{40}
Convert 1 to fraction \frac{40}{40}.
\frac{40-3}{40}
Since \frac{40}{40} and \frac{3}{40} have the same denominator, subtract them by subtracting their numerators.
\frac{37}{40}
Subtract 3 from 40 to get 37.